Strong re­sults for HIE

The Oban Times - - News -

DE­SPITE un­cer­tain­ties around the fu­ture of the High­lands and Is­lands En­ter­prise (HIE), endof-year re­ports show a strong per­for­mance by busi­nesses and com­mu­ni­ties sup­ported by the de­vel­op­ment agency.

In­vest­ments by HIE dur­ing 2016/17 across the re­gion cre­ated or re­tained 1,688 full-time equiv­a­lent jobs in the re­gion, 169 of them in frag­ile ar­eas.

Turnover among these firms is fore­cast to in­crease by £120.4 mil­lion.

The Scot­tish Land Fund, ad­min­is­tered by HIE and Big Lot­tery on be­half of the Scot­tish Gov­ern­ment, was ex­tended to all com­mu­ni­ties across Scot­land, and in 2016/17 the fund awarded more than £4 mil­lion to 54 projects, 31 of which were in the High­lands and Is­lands.

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