Invest in Fife Continues to Look to the Future

Invest in Fife achieved its target by creating over 500 jobs in the financial year 2009/10 last week’s Environment, Enterprise and Transportation Committee heard.

Invest in Fife works to promote and position Fife as a first-class business and investment location and to attract investment and jobs. It provides a vital service to investors and, since its establishment in 1993, has a proven record of delivering success in the form of jobs and investment to the Fife economy.

Invest in Fife has successfully assisted in six investment projects during 2009/10. The projects involved Enertrag, Rolls Royce, Diageo, Kohler Group, BCG Energy, and 2B Energy. A total of £97 million of investment has been secured so far with £86 million attributable to Diageo and £11 million to the Kohler Group.

Following the successful launch of publication “The Renewable Opportunity”, and Energy Park Fife’s recognition within Scottish Enterprises’ “Scotland’s National Renewable Infrastructure Plan”, a strong number of renewables enquiries in 2009/10 accounted for two-thirds of all requests.

Ross Mackenzie, Invest in Fife Manager, commented: “Despite these difficult economic times, Invest in Fife has continued to assist companies looking to re-locate to Fife. The interest from the renewables sector has continued into this financial year and we expect this to be a strong sector for Fife in the coming years”.

Contact: Frances Chisholm
Phone: 08451 555 555 Ext: 44 26 89