Grangemouth at heart of Sino-Scottish relations
Monday, 30 June 2014 10:16
Angus MacDonald welcomes the signing of a new Memorandum of Understanding with Chinaway Energy Company
Falkirk East MSP Angus MacDonald has welcomed the signing of a Memorandum of Understanding between Scottish Enterprise, Falkirk Council and Chinaway Energy Company to develop an action plan to look at reducing the cost of energy generation in the wider Grangemouth industrial complex.
The agreement was made official as the First Minister Alex Salmond welcomed a delegation from China, as they arrive in Edinburgh on Friday to explore investment opportunities in Scotland.
This mission is the first time that energy sector companies from China have joined together to explore investment opportunities across several Scottish industries including oil and gas and renewables.
Welcoming the signing of the Memorandum of Understanding Falkirk East MSP Angus MacDonald said:
“The signing of this Memorandum of Understanding today with the Chinaway Energy Company could result in exciting developments with regard to energy generation in Grangemouth’s industrial complex.
“Reducing energy costs for the large number of companies operating in Grangemouth is vital for the future success of the area if it is to successfully compete in a global market, and I look forward to progress being made through co-operation between the Scottish Government, Chinaway Energy Company, Scottish Enterprise and Falkirk Council.”
Chinaway Energy Company said:
“Signing this Memorandum of Understanding cements Chinaway Energy’s commitment to investing in different technology that looks at increasing efficiency and save energy. We look forward to working with Scottish Enterprise and Falkirk Council to bring knowledge and expertise to the table in the coming months.”