International Investment Scotland 2025-03-13
2025-03-13
Response quality
Questions & Answers
Q1
Direct Answer
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Context
The MP notes the government's recent investments in Grangemouth, Port of Cromarty Firth, and two investment zones. He references a £43.5 million National Wealth Fund investment in Pulpex Ltd near Glasgow.
I am grateful to my right hon. Friend for that answer. The National Wealth Fund has recently invested £43.5 million in Pulpex Ltd to construct a sustainable packaging facility near Glasgow, which is a welcome move and will support jobs and growth. What further measures are planned to attract similar green industry investments in communities such as my own in North Lanarkshire, which has Scotland’s fastest-growing economy?
My hon. Friend is a tireless advocate for the communities of Coatbridge and Bellshill. I can assure him that the National Wealth Fund’s strategic partnerships trial will see each local authority within the Glasgow city region, including North Lanarkshire, being invited to submit project proposals, including for projects focused on green jobs in Coatbridge.
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Assessment & feedback
Response accuracy