Crown Estate Scotland unveils £70m investment plan

CROWN Estate Scotland has set out a £70 million investment plan in sustained development for the country.

Established in 2017, the organisation has worked with local and community partners, supported the growth of offshore renewable and helped develop new ways of farming land sustainably.

The 2020-23 plan outlines the following five main objectives:

  • Support the expansion of Scotland’s blue economy, focussing on marine and coastal development.
  • Develop built environment that strengthens communities and benefits businesses
  • Invest in innovation and work with tenants to enable sustainable use of natural resources
  • Build partnerships for people and the planet
  • Develop and deploy our people’s expertise to deliver value and success
  • It includes investing £70m over three years, commercial-scale offshore wind leasing, a new communities fund and raft of support for new ways of producing food on land and at sea.

Crown Estate Scotland chair, Amanda Bryan said, “Over the coming years we want to invest in property, natural resources and people to generate lasting value. From growing shellfish to new ways of farming, regenerating coastal communities to building Scotland’s blue economy, our focus will be sustainable growth that benefits all.

“We are looking forward to working with communities and businesses to deliver positive change for Scotland.”