Exciting Future Ahead: Major Investments Boost Opportunities in Badenoch and Strathspey
The recent Scottish Budget presentation has sparked a sense of optimism for the future of Badenoch and Strathspey, with significant investments poised to transform the region. Key projects aimed at improving infrastructure and supporting local economies promise bright prospects for residents.
Infrastructure Developments
One of the standout commitments is the dualling of the A9, which remains a top priority for the government. With a completion target set for 2035, this project is expected to greatly improve connectivity and alleviate concerns among local commuters. The ongoing progress on the Tomatin to Moy section, highlighted by a recent visit from the First Minister, exemplifies the positive steps being taken to bring this vision to fruition, backed by nearly £200 million allocated in the budget.
Support for Agriculture and Rural Communities
Another area receiving attention is agriculture, with the Scottish Government earmarking over £660 million to support farmers, crofters, land managers, and rural communities. Notably, a £26 million investment in agricultural modernization promises to invigorate the farming sector, providing essential resources to enhance production capabilities. Furthermore, significant support to the Crofting Agricultural Grant and Croft House Grant schemes signals a commitment to sustaining rural livelihoods.
Boosting Local Business
The budget also introduces a substantial relief initiative for retail, hospitality, and leisure businesses. With a 40 percent reduction in non-domestic rates for the next three years, particularly beneficial for those in rural areas and on islands where relief can be as high as 100 percent, this move is anticipated to bolster local economies. Over 96 percent of relevant properties will enjoy zero or reduced rates, fostering a thriving atmosphere for hospitality trades.
A Focus on Housing and Connectivity
An ambitious plan to invest £926 million towards delivering 110,000 affordable homes by 2032 reflects the government's commitment to alleviating child poverty through improved housing conditions. Alongside this, substantial investment in digital connectivity aims to enhance broadband access, crucial for modern work and study arrangements, especially in light of recent shifting trends in how communities engage with employment and education.
As the Deputy First Minister of Scotland, Kate Forbes underscores the importance of these initiatives in laying the groundwork for a resilient and prosperous future for Badenoch and Strathspey. The combined efforts in infrastructure, agriculture, local business support, and housing development mark a hopeful chapter for the region.
