Page last updated at 00:13 GMT, Sunday, 14 June 2009 01:13 UK

Jobs boost from overseas venture

Computer keyboard
The SDI aims to boost investment and help Scots firms compete abroad

Efforts to boost investment in Scotland from international firms have created and secured more than 4,000 jobs, according to the Scottish Government.

Nearly half the total were "high value" posts, with salaries above £31,000.

The annual figures came from Scottish Development International, a scheme run by the government, Scottish Enterprise, and Highlands and Islands Enterprise.

It aims to boost the economy by encouraging inward investment while helping Scots firms compete overseas.

The statistics suggested that international companies had committed more than £500m to Scotland in salaries and capital expenditure in the last financial year.

These results send a very clear message that we are succeeding in our goal to encourage and support innovation
Alex Salmond
First Minister

Meanwhile, SDI helped more than 800 Scottish firms explore new markets abroad.

More than 80% of the 4,000 jobs secured were from firms already in Scotland.

The government said this highlighted the country's reputation as "an excellent location for companies to consolidate their operations".

First Minister Alex Salmond said: "Almost 50% of the 1,807 high value added jobs attracted to Scotland were classified as research, design and development, concentrated particularly in the life sciences, manufacturing and aerospace sectors.

"These results send a very clear message that we are succeeding in our goal to encourage and support innovation - a key element of our updated economic recovery programme which plans to guide our economy through the recession and ensure Scotland recovers strongly."

Lena Wilson, chief executive of Scottish Development International, said: "We are the only part of the UK to measure our success on the number of high value jobs and these are the jobs which are likely to have the greatest impact on Scotland's economy.

"This allows us to focus our efforts on where we can have the greatest impact, and create jobs that are truly embedded within Scotland's industries and the wider Scottish economy.

"I am delighted that this focus has really started to pay off."

Print Sponsor

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific