Oral Question·Department for Business and Trade
“What steps he is taking to help increase levels of international investment in Scotland.”
Tabled: 6 March 2025Answered: 13 March 2025
Asked by
Frank McNally
Labour — Coatbridge and Bellshill
Answering Minister
the Secretary of State for Business and Trade
Answer from Hansard
The Minister for Trade Policy and Economic Security (Mr Douglas Alexander)
The Government are committed to supporting investment in Scotland in line with our growth mission. The Prime Minister recently announced that the National Wealth Fund will provide £200 million of investment in new opportunities in Grangemouth in particular. That announcement came alongside the recently announced £55 million grant for the Port of Cromarty Firth, the two investment zones receiving £80 million over the next five years and our expanded Office for Investment.