Scottish Government
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Delivering for taxpayers

Cabinet Secretary for Infrastructure and Capital Investment, Alex Neil yesterday welcomed increased infrastructure benefits and savings unveiled by the Scottish Futures Trust (SFT).

During 2010/11 SFT work saved the public purse £129 million of net independently verified benefits to infrastructure in Scotland.

This represents a 16 per cent increase on the previous year's benefits and savings, which amounted to £111 million.

Overall SFT will have delivered £240 million of benefits and savings since 2009.

Alex Neil said:

"We are investing £2.6 billion of capital across Scotland that is supporting approximately 36,000 jobs in the Scottish economy, including around 20,000 in the construction sector.

"This is in spite of the swingeing cuts imposed on us by Westminster which are hampering our efforts to support infrastructure investment and jobs.

"The SFT is driving forward with plans to develop alternative funding models including revenue finance, in order to deliver innovative new ways of working that will result in improved value for taxpayers.

"These latest figures are to be welcomed and underline SFTs important contribution to the Scottish Government's aim of creating and sustaining employment across Scotland."

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