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2. What exactly is the Scottish Futures Trust concept?
2.1. The Scottish Futures Trust is a Scottish Government initiative whose main aim is to provide alternative means to PFI* for channelling public and private capital into infrastructure investment programmes and projects in Scotland. It will provide a better deal for taxpayers than that currently being provided by PFI by combining the opportunities for maximising investment levels with those for securing cheaper funding costs.
2.2. However, it would be possible to extend this base remit for SFT to include the provision of a number of other services ranging from investment planning and project delivery to asset management. Such options are dealt with later in this paper.
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