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Scotland outlines £205m shovel-ready projects

Scottish construction projects worth £205m were given the green light today and are set to support over 2,000 jobs.

Finance Secretary John Swinney said that the capital projects would take place throughout 2013 and 2014.

The announcement comes just weeks after Mr Swinney wrote to chancellor George Osborne calling for a boost to capital in investment to ensure Scotland’s full recovery from the financial crisis. It followed a 33 per cent cut to Scotland’s capital budget by the UK government.

Included in the plan is £50m for housing, £44m for transport and regeneration projects, £19m for education, £11m for economic development projects, £10m each for maintenance of health and justice facilities and £14 million for forestry, tourism, culture, heritage and national parks.

Mr Swinney said: “The range of projects for this year and next will see jobs created across Scotland [and] provide an immediate boost to Scotland’s construction sector.

“I welcome the fact that, after four years, the UK government has now listened and made £394 million additional capital available up to 2014-15, reducing the cut to Scotland capital budget to 26 per cent.

“This is partly undermined, however, by a reduction in our resource budget, giving us a net gain of £330 million in total.”

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