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Motion · S6M-13097 · 6 May 2024

Economic Benefits of Taymouth Castle Development

Lodged by Murdo Fraser (Scottish Conservative and Unionist Party) Standard Motion 25 supporters

The motion

That the Parliament congratulates the developers of Taymouth Castle in Perthshire on producing an economic impact analysis, which shows that the estate is estimated to contribute £390 million gross value added (GVA) to the Perth and Kinross economy over 25 years, including £210 million in local wages; notes that the impact analysis also projects that the estate will contribute to an uplift of at least 6% in the number of jobs within the Highland ward of Perth and Kinross; further notes that the project is projected to create 2,620 construction jobs in the region, including £70 million in associated wages and £160 million in GVA, along with creating an additional 200 jobs and £8 million in annual wages for employees in Perth and Kinross; understands that spending at restaurants, shops and other local businesses by those living or staying at the estate will create 55 jobs in Perth and Kinross and £1 million in annual wages, and that the estate is also projected to generate £55 million in income tax and national insurance receipts over a 25-year period, and £11 million in council tax, and wishes the developers of the project, Discovery Land Company, and the project itself all the best for the future.

Supporters (25)

Source: the Scottish Parliament motions and amendments record.