The 13.3 acre University of the Highlands and Islands (UHI) development will create 300 jobs during construction, a minimum of 28 modern apprenticeships and provide facilities for over 8,500 students.
Inverness is the first Further Education college to use the Non Profit Distributing (NPD) financing model with City of Glasgow and Kilmarnock colleges to follow later in the year.
NPD ensures that private sector returns are capped, that there is no dividend bearing equity, and any surplus is directed in favour of the public sector.
Other major projects in the £2.5 billion NPD pipeline include M8, M73 and M74 improvements, while construction work has already begun on community health buildings in Aberdeen, Forres and Tain.
Ms Sturgeon said: “The new £50 million Inverness College UHI will be a landmark building, the centrepiece in a high quality, modern and sustainable campus being developed on the outskirts of the city.
“This Government is determined to invest in Scotland’s infrastructure – our schools, roads and hospitals – both to stimulate growth in the short term and lay the foundations for long term success.
“That is good news for the Highland economy and its construction industry and will attract businesses and highly trained professionals to the Highlands to help stimulate economic growth.
“Our investment in schools, hospitals, roads and other infrastructure is set to top £3.4 billion in 2013-14, which is estimated to support more than 40,000 jobs across the Scottish economy.”
Education Secretary Michael Russell said: “The Scottish Government has demonstrated its commitment to Scotland’s college sector by adding £61 million to the sector’s budget over the next two years compared to what was originally planned for the spending review period.
“We are progressing college reforms that will substantially improve students’ chances of securing a job at the end of their course, as well as ensuring local businesses are able to employ the right people with the right skills.
“Our investment in Inverness College UHI sits alongside upcoming investment in Glasgow and Kilmarnock colleges to ensure our students have state of the art learning facilities to help them maximise their potential. The new Inverness campus will play a crucial role in the expansion of research, further and higher education in the Highland region.”
Barry White, Chief Executive of the Scottish Futures Trust (SFT), explained: “Reaching financial close of a project of this size and complexity in only 17 months is unprecedented. This project, funded through the SFT led NPD programme, is a massive boost to the local economy with the main contractor committed to deliver at least 25 apprenticeship positions.
“When it opens in summer 2015, Inverness College UHI will be housed in modern, high quality and fit-for-purpose buildings and achieve great value-for-money thanks to the collaborative efforts and professionalism of all partners involved.”
The launch marked the official start of the latest major project in Cardiff Bay, which includes a new Olympic standard, twin-pad ice arena and Cardiff Pointe, a sustainable residential quarter consisting of around 800 new homes.
Future stages will also include a 150 million indoor ski-slope, one of the world’s largest indoor snow play centres, a stunning mixed-use tower that will be the tallest in Wales, gallery space, a hotel, retail outlets, housing and office accommodation.
Cardiff Council leader, Heather Joyce, said: “This development will not only look fantastic but will also create thousands of jobs, attract tens of thousands more visitors to the city and provide homes – including affordable homes – for people in Cardiff.
“The end results will be state-of-the-art facilities that everyone can use, including, crucially, two ice rinks which will provide a new home for the Cardiff Devils and offer people a range of winter sports to try out. This will all go a long way to enhancing Cardiff’s reputation as a world class sporting capital city.”
Jonathan Smith Director at Helium Miracle 113 said: “We are immensely proud of the Sports Village’s design and content, which follows the high standard set by the Cardiff Pointe residential quarter. We believe the new facilities will strengthen Cardiff’s reputation as a forward-thinking, cosmopolitan centre of sports, culture and housing.
“The benefits to the area will be enormous and tangible: not only will Wales gain a Centre of Excellence for Winter Sports, available to professionals and the public alike, but we will be extending both Cardiff’s tourism season and catchment area; and employing, conservatively, over 1,600 people from the local area.”
Speaking at the conference, Mr Davey called on Scotland to remain in the UK to protect current high levels of renewable investment in the trades and safeguard additional employment opportunities for people in the trades.
Mr Davey said: “The UK offers a uniquely attractive, stable, transparent and supportive environment for investment in low carbon generation.
“Between now and 2020, the support we give to low carbon electricity will increase year-on-year to £7.6 billion – a tripling of the support for renewable energy.
“New research by my Department estimates that, since 2010, across the UK, over £29 billion of private sector investment in renewables has been announced supporting almost 30,000 jobs.
“Many of these jobs are highly-skilled and well-paid positions and employees can be proud to be a part of securing the UK’s energy supply.
“The commitment of the UK Government to a vision of a low carbon future is building up a bow wave of new jobs and investment in the economy.”
Renewables jobs and investment
New research shows that since 2010 more than £29 billion worth of investment has been announced in renewable energy with the potential to support around 30,000 jobs.
The figures produced by the Department of Energy and Climate Change show that between January 2010 and April 2013 industry has announced:
- 18,613 jobs and £14.5 billion investment in England,
- 9,143 jobs and £13.1 billion investment in Scotland,
- 1,952 jobs and £1.4 billion investment in Wales,
- 239 jobs and £304 million investment in Northern Ireland.
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Scotland’s planning system will create new trade jobs and economic benefits to help deliver sustainable economic growth, Planning Minister Derek Mackay has announced today.
The third National Planning Framework (NPF) and draft Scottish Planning Policy (SPP) will influence development plans across Scotland and guide future planning decisions on a range of sectors including transport, energy and infrastructure.
The NPF is the Scottish Government’s strategy for the long-term development of Scotland’s towns, cities and countryside. It sets out strategic infrastructure needs and priorities over the next 20 to 30 years that will pave the way for new jobs in the construction sector.
Mr Mackay said: “Scotland needs a planning system that has, at its heart, the overriding principle of delivering sustainable economic growth in order to maximise the country’s attraction to investors and visitors in a global economy.
“We want future planning decisions to give significant weight to the economic benefit of proposed developments, particularly the creation of new jobs.”
These draft proposals are supported by on-going measures to improve the overall performance of the planning system, ensuring smoother delivery and a stronger focus on economic recovery.
Planning Minister Derek Mackay added: “The consultation on the National Planning Framework and Scottish Planning Policy will influence development plans across the country for the next thirty years affecting every part of Scotland.”
He said: “We will support our review of Town Centres by insisting that major new developments which attract people – like workplaces, leisure facilities and shops – are in town centres wherever possible. We want to see development which ensures lively, successful and viable town centres.
“I am keen that planning does more to encourage good design, and the creation of the kind of places we would all like to live in or visit. Our forthcoming policy on Architecture and Place will show what we are doing to achieve this.
“Scotland is enriched by a high quality environment and many special places to live in and visit. These physical assets underpin our economy and our quality of life and that is why we need to ensure developments go in the right place, providing positive benefits for our communities and environment.”
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Scottish Hydro Electric Transmission has awarded four contracts worth £600 million to build new electricity substations in the north of Scotland set to create new jobs and boost the trades.
This multi-million development of the new substations are an integral part of SHE Transmission’s investment programme to heavily upgrade and reinforce the transmission network and will help facilitate the connection of more renewable generation in the north of Scotland.
Miller Quatro is a joint venture between Miller Construction and three Spanish companies, Sacyr Industrial, Isastur and Aditel known collectively as Quatro T & D.
Chris Webster, Chief Executive, Miller Construction, said: “We are delighted to have secured a place on this substation delivery framework. Miller Quatro is a new entrant to the market place and we are looking forward to working with our joint venture partners to contribute towards the delivery of infrastructure required to support the connection of renewables.”
Pedro Siguenza Hernandez Chief Executive Officer of Sacyr Industrial said: “This agreement provides a significant opportunity for the growth of our Miller Quatro joint venture. We are fully committed to contributing to our client’s successful development of this framework”.
Demand for connection to the transmission network from renewable developers has increased considerably, requiring significant change to its configuration and operation.
David Gardner, SSE’s Director of Transmission, said: “The award of these contracts, with some of the industry’s global experts will help deliver the infrastructure that is needed to support the connection of renewables, as well as providing a boost to the local communities where we are operating.”
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A recent report by Cambridge Econometrics found that UK GDP will be £20bn or 0.8 per cent higher in 2030 if wind is deployed rather than gas, with 70,000 more jobs created – but that investors needed certainty if we are to secure these benefits.
Ahead of a debate on the Energy, Enterprise and Tourism Committee’s report on the achievability of the Scottish Government’s renewable energy targets, Mr Ewing warned the UK coalition ministers’ mixed messages on energy policy and continuing uncertainty around Electricity Market Reform, including the lack of a decarbonisation target until at least 2016, is risking jobs, investment and economic growth.
The proposals outlined in the Energy Bill published in November 2012 lack measures to give investors confidence beyond 2020, putting the UK at a disadvantage compared to countries like Germany which has already set a clear target of 26GW from offshore wind by 2030.
Scotland would benefit in particular from an increase in offshore wind, as we have a quarter of the offshore wind potential in Europe.
Already, four international turbine manufacturers, Gamesa, Areva, Mitsubishi Power Systems and Samsung Heavy Industries have announced they intend to build turbine manufacturing plants in Scotland, creating an estimated 8,600 potential manufacturing jobs.
Energy Minister Fergus Ewing said: “Offshore wind has reached a watershed. The industry has enormous potential, and to realise this potential it is essential that investors have confidence.
“Over the past weeks I have spoken to many potential investors who say the uncertainty surrounding Electricity Market Reform is starting to affect their investment decisions.
“The time to reassure them is now. The UK Government must make clear their ongoing support for offshore wind and emulate the Scottish Government’s approach by setting a 2030 electricity decarbonisation target now, not in 2016 as planned under the Energy Bill..
“Offshore wind has the potential to raise UK GDP by 0.8 per cent, and we must seize this prize. The opportunities the industry present us – in terms of jobs, investment, stabilizing energy bills and reducing our carbon output – are too valuable to risk.”
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A £50 million funding package will see an empty building in Glasgow City Centre transformed into high quality retail and office space, creating 250 new constructing jobs and boosting the trades.
From January, construction work will get underway at 110 Queen Street – a former bank – to create 143,000 sq ft of Grade A offices and 20,000 sq ft of retail space accommodating up to 1,500 workers.
The project, which is being developed and built by BAM, will receive a £9.6 million loan from the Scottish Partnership for Regeneration in Urban Centres (SPRUCE) Fund, which has been established with Scottish Government and European Regional Development Fund money.
The news of the development comes after a recent research report published by Ryden outlined a demand in Glasgow for new office space to enable it to compete effectively with other UK regional cities.
Speaking after making the announcement at the Queen Street site, Deputy First Minister Nicola Sturgeon said: “Significant city centre developments like today’s £50 million boost for Glasgow are central to stimulating economic growth across Scotland.
“This is absolutely imperative in these tough economic times. It is vital that we support opportunities for new business to help create new jobs and also encourage inward investment to Scotland.
“The transformation of this building, due for completion in 2015, will provide much needed high spec office space for Glasgow, which will enable it to compete more effectively with other large cities – and help to attract companies from across the globe.”
John Burke, Executive Director, BAM Construct UK, said: “This is terrific news for Glasgow and the wider construction sector, and is testament to the confidence investors have that BAM can deliver the largest office development to be built outside of London in a number of years.
“BAM is also investing £40.4m in this project which will generate spin-off economic activity, both short and long term in the construction sector and supply chain as well as a number of new apprenticeships. The team is keen to get started and will be moving on site on 7 January.
“It is our firm belief that this significant development will give Glasgow a competitive advantage by providing new quality office space, which is scarce, to established companies looking for long term growth, and help to attract inward investors to the city”.
The number of new homes started by private sector builders in the year to June 2012 was the highest recorded since the banking crisis started in 2008 according to official statistics.
Over that period, 10,827 new homes were started, a 24 per cent increase on the previous year. This increase follows three years of recorded annual decreases in private sector new build starts.
The statistics reflect new starts by house builders building for private sale, alongside other house building activity by construction companies throughout Scotland such as for RSL shared equity developments and self-build.
There was also a continued increase in the number of council houses across Scotland, with local authorities completing 1,206 new homes in the year to September 2012, the highest number since 1990.
Across all sectors 14,032 houses were started to June 2012, up by 4% compared to the same period last year.
Housing Minister Margaret Burgess said: “Scotland’s construction sector has faced the full force of the economic downturn.
“Times are still very tough, with high deposit requirements and reduced mortgage availability continuing to prove a barrier to recovery in the housing market.
“However, I welcome these latest statistics and hope this increased activity can spark an economic revival for the industry. Every house started supports jobs for bricklayers, joiners, plumbers and the wider supply chain.
“The Scottish Government is doing all it can to support the industry and boost supply. We plan to deliver at least 30,000 affordable homes during the lifetime of the Parliament, backed by investment of at least £760 million in the next three years.
“We have allocated almost £115 million to local authorities across Scotland, which is helping deliver over 4,400 council homes.
“And we are stimulating growth through the innovative National Housing Trust initiative and our shared equity schemes.
“We have also offered a guarantee to support up to 6,000 new build house purchases through a housing industry-led Mortgage Indemnity Scheme, to help address the banks’ requirements for high deposits.”
The list of key projects will be passed on to the Scottish Government for their consideration as part of the review of the National Planning Framework (NPF3) which is expected to unlock investment for national developments of strategic importance for Scotland.
The projects that will be put forward by Highland Council are all considered to be of national significance and have the potential to make a significant contribution to the country’s sustainable economic growth.
The projects being promoted by the Council to the Government include strategic road improvements to the A9. A82 and A96 trunk roads that connect Highland communities to the rest of Scotland, enhancements to Highland ports and harbours including Nigg and Kishorn, enhancements at all Highland airports, the provision of superfast broadband and the upgrading of the existing electricity transmission network to realise the growth potential in renewable energy generation.
The Council is also taking the opportunity to raise other issues it feels that are of national importance such as the decommissioning of Dounreay, faster train journey times on the mainline, coastal development including the harnessing of wind, wave and tidal energy, waste management and natural heritage.
Vice Chairman of the Planning, Environment and Development Committee, Councillor George Farlow said: “All the projects we are putting forward could potentially bring huge benefits to Highland businesses and residents as well as bringing wider prospective socio-economic growth to the whole of Scotland.
“Our response will highlight the need to ensure we have the best infrastructure in place to make the most of every opportunity and will recognise the work we are doing to promote sustainable development and economic growth.
“Our plans are ambitious and they reflect the confidence we have in the Highlands as great place to live, work and do business in.”
A wind farm that will create new jobs and generate £30 million for the Highland economy has been approved by the Scottish Energy Minister Fergus Ewing.
The 85-megawatt project will have 25 turbines and generate up to the equivalent of the energy needs of 40,000 homes.
The wind farm, by developers RidgeWind, will employ 90 people for its two-year construction and three people directly and three indirectly once up and running.
Mr Ewing said: “The construction will provide a valuable boost to the local economy, injecting £30 million and creating 90 jobs.
“Once it is up and running it will save thousands of tonnes of carbon dioxide each year, and it is expected that the savings made will ‘pay off’ the carbon footprint of constructing the site in less than two years.”
The developer is set to provide five £1000 scholarships for local young people going on into university or technical college.
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A multimillion accommodation scheme at the University of Stirling has been granted to a large construction firm which will see will the creation of 788 contemporary bedrooms and bring new jobs during its three year redevelopment period.
The £11 million contract will enable Stirling to compete with universities and colleges around the world whist creating employment opportunities for people in the trades and directly benefiting the local economy.
Building construction work, which is due to start this year, will improve current student accommodation with newly-designed study bedrooms, spacious kitchens with dining space, and increased social spaces.
Director of Estates & Campus Services, Karen Plouviez, described the scheduled redevelopment as the largest capital project the University has undertaken since it was created in the late 1960s.
Ms Plouviez said “We are looking forward to working in partnership with GRAHAM Construction to deliver this transformational project and to sensitively enhancing what is already an exceptional landscape and architectural setting.”
Regional Director for Graham Construction said: “Graham has a policy of being a responsible neighbour to the communities we operate in and we will be seeking to build relationships with the local construction industry and its supply chain.”
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Three of the leading UK housebuilders are set to build thousands of new homes as part of a major transformational project in Bishopton, South West Scotland, creating new jobs in the building construction sector.
More than 2,500 new homes will be built over the 15-year development programme, making this one of the most exciting property developments taking place in the UK at the moment.
Construction work on the first phase of the £32 million residential development is scheduled to start in September 2012. During its construction phase, the project is expected to create around 4,000 full and part-time employment opportunities for local residents and people in the trades.
Project Director for BAE Systems, Lynda Johnstone, said: “It is testament to the scale and quality of the transformation project that it has sparked the high level of interest from property developers of the calibre of Taylor Wimpey, CALA and Persimmon.
“The multi-million pound regeneration programme will see high quality homes in the area and deliver a new community, which alongside the housing development will include a new primary school, library, community centre, leisure facilities and woodland park to complement the existing friendly, close-knit village feel of Bishopton.”
The regeneration is expected to deliver significant employment and business opportunities with the first homes going on sale in early 2013.
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The grant has been given after Perth was granted a city status, which will be officially recognised during a visit by the Queen in July this year.
The funding granted to Perth will be spread over a period of three years. It will aim to safeguard and enhance city’s historic environment whilst contributing to the creation of new jobs and sustainable economic growth, Historic Scotland said.
Making the announcement, the Cabinet Secretary for Culture and External Affairs, Fiona Hyslop said: “The grant from Historic Scotland will help secure Perth’s outstanding built heritage, enhancing the city and preserving a sense of place.
“Improving the historic properties will also encourage tourism, promote the use of traditional building skills, and make the city of Perth a better place to live, work and invest in.
“Using sustainable materials to adapt existing buildings will also help support the historic environment’s transition to a low carbon economy.”
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