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Explained in plain English

Why does government invest?

The government often invests in projects like SaxaVord to stimulate economic growth, create jobs, and develop new industries. By providing £30 million, they hope to attract further private investment, totalling £60 million, which can boost the local economy in Shetland and establish the UK as a leader in the global space sector.

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Shetland spaceport receives £30m government cash for expansion

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