Global Trade Alert
Global Trade Alert

United Kingdom (Scotland): Scotland provides funding for a cable manufacturing facility

Announcement

23 Feb 2024

In February 2024, Scottish authorities announced funding to support an investment of Sumitomo Electric in Scotland.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Feb 2024

Revocation date:

No revocation date

Updated: 23 Feb 2024
State aid, unspecified In force

On 23 February 2024, Scottish authorities announced providing a funding package worth GBP 24.5 million (USD 31 million) to Sumitomo Electric UK Power Cables Ltd to support their investment in a cab...

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