That the Parliament welcomes the recent announcement by the UK Government that a consortium, led by Abertay University, has been selected as the preferred bidder to host one of four new virtual production labs that will drive forward the next generation of visual effects technology; understands that virtual production offers a faster and more cost-effective alternative to green screens, enabling filmmakers and theatre directors to create large-scale digitally-generated environments in real-time, as demonstrated by its successful implementation in the ABBA Voyage live concert and Disney's, The Mandalorian; acknowledges that the new facility will be based in Dundee, and the plans are part of the new Creative Industries Sector Vision, which sets out the UK Government’s ambition to maximise the potential of the UK’s creative industries to drive economic growth and create a million more jobs by 2030; commends Abertay University and its partners, the University of Edinburgh, 4J Studios, TechScaler by CodeBase and Interface, on this new collaboration, and believes that it will build on Scotland’s long history in film, TV and the performing arts and enhance the country’s position as a global leader in virtual production, ensuring that Scotland has the necessary skills and infrastructure to remain at the cutting edge of this technology.