Greenock and Inverclyde MSP Stuart McMillan said that the Scottish economy was built on “strong foundations” today in a Scottish Government debate on the Scottish economy – and suggested that infrastructure investment is crucial to economic growth in Inverclyde.
Speaking in the Scottish Government debate Scotland’s Economy: Taking Scotland Forward , Mr McMillan stated that the successes in the Scottish economy in recent years has been partly due to SNP Scottish Government’s record in capital investment.
Mr McMillan said:
“Within a year of being elected to government, we faced the financial crash of 2008 and we had to navigate our way out of this.
“To do this, we had to accelerate capital investment projects to make sure we built infrastructure that would be the source of our competitiveness in the years to come
“The figures speak for themselves. Today, Scotland spends more on infrastructure per head than anywhere else in the UK. Infrastructure projects totalling almost £6 billion will be under construction during the course of 2016, each of which will continue to deliver benefits for years to come.”
Mr McMillan outlined examples of how infrastructure investment in Inverclyde can help expand the tourism sector, which is one of the fastest growing markets in Scotland for economic growth.
Commenting, Mr McMillan said:
“More than £14 million of investment from the Glasgow and Clyde Valley City Deal is earmarked for a planned expansion of Greenock Ocean Terminal and a construction of a state-of-the-art visitor facility.
“The port at Greenock provides the gateway to Glasgow and the west coast of Scotland, and I am delighted that it may be one of the first beneficiaries of the city deal being supported by the Scottish Government.
“With passenger numbers at the terminal reaching more than 100,000 last year, and with even more visitors expected this year, this planned expansion will help solidify Greenock’s position as one of Europe’s leading cruise liner terminals, which plays an important role in developing a strong, vibrant local economy.”