Date lodged: 12 May 2016
To ask the Scottish Government what projects it or China Railway No.3 Engineering Group and SinoFortone have identified as opportunities for investment in (a) affordable housing, (b) communities, (c) clean energy, (d) industry and business parks, (e) transportation infrastructure and (f) any other areas.
Answered by: Keith Brown 31 May 2016
The memorandum of Uuderstanding between the Scottish Government, China Railway No.3 Engineering Group and SinoFortone is focused on developing a working relationship to explore possible investment in Scotland.
At their meeting on 3 February 2016, SinoFortone expressed an interest in areas including affordable housing, energy and infrastructure, the First Minister noted SinoFortone’s interest in these areas.
The Scottish Government has not identified any specific projects for potential investment.
Scottish Government officials introduced SinoFortone to Falkirk Council and Loudon Castle Developments to help them understand and explore potential investment opportunities. No projects have been confirmed for investment by Sinofortone or China Railway No.3 Engineering Group.