Current status: Answered by Kate Forbes on 14 May 2025
To ask the Scottish Government when the £14.2 million investment programme at Ferguson Marine will commence.
The Scottish Budget: 2025-26 published on 4 December 2024 allocated £46.0 million of capital to Ferguson Marine for the financial year commencing 1 April 2025 (with details in Table 9.13: Ferguson Marine Spending Plans (Level 3).
This allocation is designed to cover capital spending associated with completion of the MV Glen Rosa and investment in yard capital equipment and infrastructure in the current financial year. Over the current and next financial years, 2025-26 and
2026-27, the Scottish Government is committed to invest up to £14.2 million in Ferguson Marine’s investment programme subject to standard commercial tests being met.
Work on Ferguson’s investment programme began in December 2024, with approved funding being directed towards addressing essential repairs and new equipment to enhance yard productivity.