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Business and finance

15 Oct 03

Scottish minister sets out US$5 billion vision

A new transportation agency is to be set up in Scotland, transport minister Nicol Stephen said today. Consultation is under way and the intention is to recruit people with rail, bus and other public transport skills. 'It will be equipped to manage large, long term investment more efficiently,' he said. Over US$5 billion is to be spent over the next 10 years on the biggest integrated package of transport infrastructure Scotland has ever seen, said Stephen.

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