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SBC helps local economy
£2.4million investment to stimulate local economy
Scottish Borders Council is working to stimulate the local economy and build a
'Bright Future for the Borders'.
The recently-announced budget for the local authority included a £2.4million
package of investments to help support the Borders' economy.
This capital will be directed in the following package of investments:
* £1.2m for property refurbishment (to protect/stimulate jobs)
* £0.8m for land/property acquisition (affordable housing and to stimulate
jobs)
* £0.4m for road improvements (to protect/stimulate jobs)
£1.2m has been set for property refurbishment throughout the Scottish Borders to
protect existing jobs and stimulate new employment through the progression of
current projects and the development of new projects.
£0.8m will be directed to the acquisition of land and property. This investment
will be directed at the creation of affordable housing and, as a result, the
stimulation of jobs.
£0.4m has been included as part of the accelerated capital spend for the
protection and stimulation of jobs through road improvements.
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