Scotland’s Private Finance Initiative revival faces lender and construction cost hurdles

Scotland’s Private Finance Initiative revival faces lender and construction cost hurdles

Rod Munro

The Scottish Government is exploring new ways to privately finance major public infrastructure projects, with the Scottish Futures Trust leading work on alternative funding models as pressure on public finances constrains capital spending.

The trust is working with the market on a revised approach to infrastructure finance, with a project expected to come to market in the second quarter of 2027, according to Rod Munro, a partner at Morton Fraser MacRoberts (MFMac).

Ahead of the Scottish Construction Summit on Thursday, Mr Munro told Scottish Financial News that the new model was expected to be “reimported to Scotland” from Wales, where the Welsh Government adapted Scottish documentation to create the Mutual Investment Model.



Read the interview in full here.


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