Limited public finances mean resources need to be applied innovatively to attract and secure additional economic investment. We continue to explore the best funding and financing solutions in pursuit of our overall objective of improving the effectiveness and impact of infrastructure investment in Scotland.
Working in partnership with the public and private sectors, we seek to create the right conditions to generate additional economic investment opportunities across Scotland.
Securing additional investment is achieved by generating the right environment for both the public and private sector to invest, ensuring economic and inclusive benefits are delivered and that Scotland remains a great place to invest.
We’ve achieved this through two key work streams; the Tax Incremental Financing (TIF) approach which we’ve spearheaded for a number of years, and more recently, by implementing the Growth Accelerator.
Both are used as levers to unlock future growth as well as securing benefits at a national, regional and local level. Across both these work streams, public sector investment of £300m is anticipated to unlock a further £2bn of private sector investment over a 10-year period.