£78m boost for Scottish construction projects


THE Scottish construction industry is to receive £78 million as part of the Scottish Government’s £230 million Return to Work package, with the aim of stimulating the economy.

This includes £40 million for regeneration projects and £20 million for roads maintenance.

The Scottish Government revealed the package is funded by the ‘reallocation of underspends’ from schemes interrupted by the Covid-19 crisis.

Finance secretary Kate Forbes said, “The impact of Covid-19 has been enormous on both businesses and individuals and the Scottish Government has so far spent more than £4 billion tackling its effects. We are also taking steps to accelerate our economic recovery and this package ensures that we can make immediate use of money which, because of the pandemic, might otherwise not have been spent this year.

“I do not underestimate the challenges we face but I also see opportunities. It is important we take this chance to reshape our economy in a way that works for everyone and promotes long-term growth, not just quick fixes.”