aerial view of South of Scotland town

SOSE welcomes latest EY Scotland Attractiveness Survey 

We have welcomed the latest EY Scotland Attractiveness Survey results.

According to EY’s annual independent analysis of inward investment, the survey found investor perception of Scotland had increased, with 26% of potential investors surveyed by EY saying they were planning to invest in Scotland – up from 19.2% in 2022.

Seizing opportunities presented by new technology and accessing skills were among the main reasons given for establishing or expanding operations.

The survey also showed a record number of Foreign Direct Investment (FDI) projects were secured in 2023.

A total of 142 FDI projects were secured in Scotland last year, an increase of 12.7% on 2022 and double the rate of growth experienced across the UK.

Scotland’s share of UK FDI projects increased for a fifth year in a row to 14.4%.

Responding, SOSE Chief Executive Jane Morrison-Ross, said:

“The latest EY survey results showcase again that Scotland is an incredibly attractive country to invest in.

“In the South, we have our Net Zero Investment Guide, the new Invest in South Scotland website, our just launched Chapelcross Energy Transition Zone and we are Scotland’s national Natural Capital Innovation Zone.

“SOSE share the ambition of our Team Scotland partners to make Scotland, and the South of Scotland, the place to invest in, to innovate in and to live.

“We will achieve this by continued collaboration and by focusing on our economy, environment and communities – people, prosperity and place.

“Our natural economy, our innovative, skilled people and our natural capital are unique and a fantastic asset to any investor looking for the optimum place to be.”