SNP MSP for Renfrewshire South, Tom Arthur, has called on Renfrewshire and East Renfrewshire Councils to make the most of its funding allocation from the Scottish Government’s £50 million Town Centre Fund.

Announced by SNP Finance Secretary Derek Mackay during his budget statement, the new fund aims to drive local economic growth by helping town centres fund projects such as re-purposing buildings for retail, business and community enterprise, while improving access and infrastructure.

After allocations were announced this week by the Scottish Government, it has now been confirmed that East Renfrewshire will receive a share of £981,000 and Renfrewshire will receive £1,459,000 from the new ring-fenced fund.

Commenting, SNP MSP Tom Arthur said:

“This funding announcement can help transform town centres in Renfrewshire South.

“The health of our town centres is vital to the economic and cultural life of our communities – and this new investment can make a real difference.

“Renfrewshire and East Renfrewshire Councils must now ensure that the money is spent wisely and ensure our local town centres reap the benefits of this huge investment.

“The SNP’s Town Centre Fund is part of a wider package of business support measures that will help drive economic activity in Renfrewshire South, helping give our local high streets a welcome boost.”

 

Categories: Press release