Investment Zone Proposition for Renfrewshire

A commitment from the Deputy First Minister, Nicola Sturgeon, to look at the potential for the creation of an Investment Zone for Renfrewshire has been welcomed by Paisley’s MSP George Adam.  After arranging a meeting with Nicola Sturgeon involving many of the main employers in Renfrewshire, the MSP has been made aware that this project is being worked on by Scottish Enterprise, Glasgow Airport, Renfrewshire Council as well as near neighbours Glasgow City Council.

Speaking on the news, George said;

‘This is the type of forward thinking that the Scottish Government has developed since being elected in 2007 and with the economic benefit that Renfrewshire already provides to Scotland, this project can only be good news.

‘Nicola, as one of Glasgow’s MSPs acknowledges the importance of Glasgow Airport and all the large businesses and employers in Renfrewshire that help to make this area economically important to Scotland.  Employers, such as Chivas Regal, Hewlett Packard, Doosan Babcock, Glasgow Airport itself, to name just a few, are located here and benefit from the infrastructure already in place.

‘We have an international gateway with the airport in Paisley, motorway and rail links all essential criteria to ensure that Renfrewshire continues to develop its reputation as a formidable economic area.

‘We know that the Tax Incremental Funding (TIF) project went to Aberdeen after the injection of £55 million of private investment money.  That doesn’t stop us working together, employers and the public sector to improve life chances and employment opportunities, after all, no-one in their right mind would want to hinder any such effort.  The TIFs were pilot programmes and depending if they are proved successful, then we can look at them in the future.

‘This Investment Zone proposition that I spoke to the Deputy First Minister about is something that we all should get behind.  Without thinking like this focus and opportunity can be missed.

‘I am delighted that the ideas of identifying regional and national economic development opportunities will be taken forward, in conjunction with, and instrumentally with private sector input and investment.

‘This work is going on right now and the first meeting for all the stakeholders involved with the proposition is being organised.

‘This is the way forward, action, not just words, and a willingness for everyone to get behind the project that will drive not only Paisley, but Renfrewshire, to new heights.