He said: “If you think about the connection it’s got to the North East, if you look at the infrastructure that’s already there, if you look at the port infrastructure that exists around it, the fact it’s got a grid already in place, and it’s perfectly situated in Scotland, this is a huge opportunity for anyone that’s a global investor to come in and do something transformational for that area, but also for Scotland, and that’s what I want, to go out and find that investment.
It is hoped the £200 million from the National Wealth Fund could bring in a further £600 million from the private sector which Scottish Labour leader Anas Sarwar said would be “transformative”.
Work must be carried out “at pace” to secure a future for Grangemouth, the Scottish Labour leader has said after the Prime Minister announced £200 million of funding for the site.
First Minister John Swinney last week pledged a further £25 million to secure a “just transition” for Grangemouth and called on the UK Government to match the Scottish Government’s funding.
He told BBC Radio Scotland’s Good Morning Scotland programme: “This needs to happen now at pace, and that’s why getting investors around the table, demonstrating both governments are serious about a long-term future for Grangemouth is going to be really important.
