Cabinet Secretary highlights Scotland's potential to international investors
- £10bn of investment opportunities being promoted to investors
- Scottish Cities Alliance welcomes Chinese delegation
Cabinet Secretary for Infrastructure, Investment and Cities, Keith Brown, visited the Scottish Cities Alliance stand at MIPIM UK today, to speak to potential international investors to promote £10bn of investment opportunities in Scotland.
He underlined the importance of the public and private sector working in collaboration to attract investment money to Scotland’s cities, creating jobs and opportunities for growth. He also underlined the Scottish Government’s commitment to cities, which are “fundamental to our national success”, and account for almost 70% of national output.
He said: “Attracting new investment and enterprise to Scotland and supporting those already here is critical to out future success. With the latest Ernst & Young survey showing Scotland remains the most successful part of the UK outside London in attracting foreign direct investment, Scotland is already an attractive destination for business and inbound tourism, and we want to open up Scotland to key and emerging markets to capitalise on the opportunities that exist for developments across cities and sectors.
“We want to build on that success, and the development and growth of our cities is fundamental to that. Our cities are ambitious and the Scottish Government is committed to working with potential investors to optimise that growth for the benefit of the whole of Scotland. So far, our cities have jointly developed £10 billion worth of city investment plans, which are detailed within the Scottish Cities Alliance Investment Prospectus, which I urge everyone to have a look at.”
Mr Brown visited the MIPIM UK Scotland stand in advance of a delegation from the China-wide Property Developers Inward Mission to discuss the range of investment opportunities available across Scotland’s key cities.
The Alliance’s new online £10bn investment prospectus brings together leisure, office, residential and industrial investment opportunities available in Scotland's cities.