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Tuesday 6 July 2021

Online forecast tool launched to support construction investment and jobs

We have just launched the Construction Pipeline Forecast Tool - an innovative online tool that provides the construction industry with greater clarity and understanding of future public sector construction projects to be delivered across Scotland.   

With a current value of £8.5bn, the Construction Pipeline Forecast Tool has details of over 1,150 future public sector infrastructure projects and covers many sectors including education, health, housing and flood prevention.

Of the 1,150 project opportunities, approximately 60% are below £2m in value, emphasising the focus on providing opportunities to small and medium-sized enterprises.

Latest figures published across hub Programme

The latest figures from across the SFT-managed hub Programme have been published, showing:
  • The total value of the programme has topped £3.6bn
  • 82% of hub contracts have been awarded to Scottish SMEs
  • The value of projects either in development or construction totals £1.2bn which is supporting over 5,800 jobs
To find out more, please click the link below.

Growth Accelerator-enabled
St James Quarter now open

It was at the start of 2014 when we, together with Scottish Government and The City of Edinburgh Council developed the 'Growth Accelerator' as an innovative financing tool for local authorities to use to help unlock economic growth and investment.

The Growth Accelerator was first used to deliver the recently opened
St James Quarter, unlocking over £850m of private sector investment while meeting the strategic priorities of the Council to deliver city-centre improvements and regeneration. 

With Phase One of the opening now complete, we are naturally delighted to have played a small part and want to congratulate all those who have worked tirelessly to deliver this landmark building in the heart of the city and wish everyone working at the St James Quarter all the very best for the future. 

Accelerating green growth

And building on our work in developing and implementing the Growth Accelerator programme, we are delighted to be supporting Scottish Government develop and launch the Green Growth Accelerator to unlock £200m of low carbon infrastructure investment.

CivTech 6 challenge launched

As infrastructure experts we know we must make the best use of the buildings we already have.

And in making best use of them, we must improve our understanding of how space is used within schools and public buildings which will help us make better-informed decisions on how we plan, invest and utilise the buildings to best effect.

To that end, our Infrastructure Technology team, along with Midlothian Council have come together to sponsor one of the 12 categories in
The CivTech Programme - an annual challenge that seeks to overcome problems facing Scotland’s public sector through the innovative use of technology.

Our challenge is “How can tech help us understand how our school buildings are used, and help support asset performance, wellbeing and sustainability?”

To find out more, please click the link below.

New subsea cable infrastructure report published

It has been well documented that Scotland's ability to keep up with the global improvements in connectivity is reliant on the development of new state-of-the-art data centres and on the development of landing new subsea cables that those data centres will require, both of which Scotland is well placed to host.

A report commissioned by us, North Eastern Scotland: Subsea Connectivity Feasibility Study has just been published outlining a review of existing subsea infrastructure and potential landing partners, as well as analysis of marine obstructions and recommendations for the design and construction of optimal subsea cable routes.

Through our Host in Scotland programme, Pioneer Consulting and FarrPoint were contracted to investigate the cost, complexity, and deliverability of a number of subsea fibre options from the north coast of Scotland to Edinburgh.

Milestone reached in Edinburgh mid-market rent initiative

More than 250 families have moved into quality affordable homes thanks to an initiative developed by our Housing team together with The City of Edinburgh Council’s mid-market rent partnership.

Together with the Council, we have strong ambitions to continue to grow
Edinburgh Living, with an acquisition target of 500 homes by the end of 2022, and the long-term aim to provide 1,500 new mid-market rent and market rent homes over the next few years.
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If you'd like to know more about any of these articles or any of SFT's work streams, please contact SFT's communications manager Jonathan Murray via email or on mobile 07590 230645.

Scottish Futures Trust
11-15 Thistle Street

Telephone: 0131 510 0800

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