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Chamber and committees

Economic Benefits of Taymouth Castle Development

  • Submitted by: Murdo Fraser, Mid Scotland and Fife, Scottish Conservative and Unionist Party.
  • Date lodged: Tuesday, 07 May 2024
  • Motion reference: S6M-13097

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.


Supported by: Alasdair Allan, Jeremy Balfour, Miles Briggs, Jackson Carlaw, Sharon Dowey, Russell Findlay, Meghan Gallacher, Pam Gosal, Jamie Greene, Dr. Sandesh Gulhane, Craig Hoy, Liam Kerr (Registered interest) , Stephen Kerr, Douglas Lumsden, Roz McCall, Edward Mountain, Douglas Ross, Liz Smith, Alexander Stewart, Sue Webber, Annie Wells, Tess White, Martin Whitfield, Brian Whittle