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11/02/2011

More Cash For Regeneration

More cash will be ploughed into large scale regeneration in Scotland over the next year, the Scottish Government said today.

Over £31 million has been secured as part of the Scottish Government's budget for this year, an increase of £6 million on funding planned in the draft budget.

The funding will support regeneration plans for new houses, transport links, community facilities, retail and business sites and land and street scaping.
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Four areas will see transformational change - Clyde Gateway in the East end of Glasgow, Inverclyde waterfront, Clydebank and Irvine Bay in Ayrshire.

Housing and Communities Minister Alex Neil said: "Transforming Scotland's run down and derelict sites into areas of prosperity that offer opportunities for people to live and work is a major priority for the Scottish Government.

"Times are hard, the UK government has embarked on a ruthless programme of savage cuts, and Scotland is suffering at their hands.

"But we will do all we can to protect areas of investment which support growth, jobs and ultimately put us on track for economic prosperity and better times ahead for Scotland."

(GK)

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