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SPF welcomes JESSICA

Welcoming the news that the Scottish Government has secured funding for a £50m Scotland JESSICA fund for regeneration and economic recovery, SPF Director David Melhuish said:

"This is most welcome news and congratulations must go to the Scottish Government for securing this much needed regeneration funding.  It is vital however that we make the best use of this funding and use it wisely, where the local economy will benefit most and a good return for this public investment will be achieved."

The Scotland JESSICA fund is comprised of £24mn of investment from the European Investment Bank which is then more than matched by funding from the Scottish Government, giving the fund £50m in total.