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.”
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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The European Investment Bank has approved up to £100 million of financing which will kick-start building and construction work in the summer of 2013.
Julia Kennedy, associate director at Scottish Futures Trust (SFT) who has been supporting the college through the procurement process, said: “Construction is planned to start later this year and will act as an enormous boost to local small and medium enterprises working within the building sector and related supply chains thanks to the preferred bidder’s commitment to supporting local employment and training.”
Douglas Baillie, Chair of the College Board said: “Selecting the preferred bidder is yet another major milestone in our continuing success.
“The announcement is proof of what we can achieve as a beacon of excellence and it is with great excitement and energy that we look ahead to the next chapter in the life of this great college.
“Enhancing our diverse and talented student learning community with brand new, bespoke facilities underlines our passion for learning and desire to meet the needs of Glasgow’s and Scotland’s employers and the wider civic community.”
Both campuses have been designed by Reiach and Hall and Michael Laird Architects. The College represents the single largest estates investment in the educational sector in Scotland and will help transform the city centre landscape for generations to come.
With over 30 rep cent additional housing investment this year, compared to the 2011 Spending Review, the building construction sector is set to benefit from the recent funding which could create new jobs and boost the trades.
Decisions on the allocation of another £50 million investment package for the housing industry are expected to be announced later this month.
Speaking ahead of a debate on the Scottish Government’s Budget Bill, Finance Secretary John Swinney said: “The Scottish Government has been absolutely clear that we aim to deliver at least 30,000 affordable homes during the lifetime of this parliament and this funding will help ensure this commitment will be met.
“Despite Westminster cuts to our capital budgets the Scottish Government is delivering just as much new social housing – and more new affordable housing – as in the period up to 2007 when budgets were rising every year.
“The extra £50 million is our fourth tranche of extra housing spending announced over the last year, and is in addition to announcements made in February, June and September.
“The overall increase totals almost £200 million over the spending review period – demonstrating that where we have an opportunity to invest, this Government does exactly that.
“Housing is just one element of the Budget Bill which will be debated in Parliament this week. Parliament will be debating a Budget for Scotland’s economy. This Government is doing everything within its limited power to protect households, business and front line services, and this Budget provides further investment in construction, skills and the green economy.
“We are investing money to create and maintain jobs. Increased support for affordable homes will provide a much needed boost to the construction industry as well as improving the lives of the families who live in them.
“We are providing an immediate capital stimulus through support for shovel ready projects and we are helping businesses with a tax relief package worth over £540 million this year.
“This has to be seen against a 26 per cent real terms cut by the UK Coalition Government to Scotland’s capital budget in a failed attempt to reduce public sector borrowing.
“We have listened to the Scottish Parliament by bringing forward further investment in housing and we will continue to work with all parties to deliver a budget for growth.
“Only with the full levers of independence can Scotland properly capture economic opportunity and tackle inequality and poverty and we can do so more efficiently and effectively than currently happens in the UK.”
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 new contract will run for five years with the option of a further two-year extension which is expected to boost the building construction industry.
Lovell will create jobs and training opportunities for local people as part of its commitment to deliver long-term community benefits.
The company has committed to employ apprentices throughout the contract with new apprentices to be taken on as existing apprentices finish their training.
Future improvements planned through the new contract, in line with tenants’ wishes, will include more flexible appointment times for repairs visits, including early morning and evening and Saturday morning appointments.
Simon Medler, managing director for the Lovell repairs and maintenance business, said: “Providing a high-quality repairs service which puts tenants’ needs first has been our priority since taking over the contract and it’s very rewarding to see the success of our approach recognised by our selection as preferred bidder to deliver the repairs service on a long-term basis.”
“We have worked very closely with DGHP and tenants to identify how the service could be improved and have then implemented the changes needed. That process is ongoing and we will build on our achievements through further improvements, ensuring that tenants continue to receive a truly excellent repairs service.”
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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