TheScottish Futures Trust (SFT) is anexecutive non-departmental public body of theScottish Government,[1] established in September 2008 to improvepublic infrastructure investment. SFT operates at arm's length from the Government but works closely with the public and private sectors to deliver value-for-money on all public sector infrastructure investment across the country.
In their manifesto for the2007 election, theScottish National Party (SNP) proposed the Scottish Futures Trust as an alternative toPPP/PFI, encouraging greater use of public bonds, to access to lower-cost borrowing.[2] It was a solution conceived to allow the devolved administration to gain some leverage around private sector investment.[3]
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