Written Question · S6W-17378 · Session 6
What impact it anticipates that the SaxaVord Spaceport will have on Shetland’s economy.
The question
To ask the Scottish Government what impact it anticipates that the SaxaVord Spaceport will have on Shetland’s economy.
The answer
SaxaVord Spaceport has the potential to have a major beneficial impact for Shetland’s economy.
An economic impact assessment produced as part of the Spaceport’s planning application, estimates that once operational the spaceport will support over 209 jobs in the Shetland Islands, and generate c.£7.5 million GVA per year. This increases to 255 jobs and £9.3 million GVA when considered at a Scottish level.
According to the Spaceport's website the company is set to invest upwards of £43m over the next 18 months, rising to £100m in the next five years as it seeks to establish three launchpads and continues to attract both domestic and international launch customers.
An economic impact assessment produced as part of the Spaceport’s planning application, estimates that once operational the spaceport will support over 209 jobs in the Shetland Islands, and generate c.£7.5 million GVA per year. This increases to 255 jobs and £9.3 million GVA when considered at a Scottish level.
According to the Spaceport's website the company is set to invest upwards of £43m over the next 18 months, rising to £100m in the next five years as it seeks to establish three launchpads and continues to attract both domestic and international launch customers.
In the Official Report
No contribution in the Official Report cites S6W-17378 by reference.