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27/07/2015

First Minister Announces New Partnerships With Chinese Firms

Scotland's First Minister has announced a series of new partnership agreements between Scottish and Chinese firms.

The agreements, between ten Scottish companies and Chinese private sector partners, are estimated to be worth £43.15 million to the Scottish economy, creating 70 jobs.

Among the agreements includes:

• Sgurr Energy, a Glasgow based renewable energy company, who signed a partnership agreement with Chinese lidar manufacturer OASIS in a deal which will complement its delivery of wind farm optimisation services.

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• GB Therma Chem announced a trial of Scottish technology to provide Chinese power stations with cost-efficient, lower carbon emissions-based solutions. The deal is expected to increase turnover by £12 million in three years.

• The University of Aberdeen announced a new joint engineering degree with Harbin University, worth £500,000 over three years.

First Minister Nicola Sturgeon said Scotland was 'well placed' to benefit from China's strategic focus on innovation.

(LM)

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