'Borrowing of £500m' possible says Aberdeen City and Shire Economic Future
Up to £500m could be borrowed to pay for infrastructure improvements in the north east of Scotland, it has been claimed.
Development body, Aberdeen City and Shire Economic Future (Acsef), said government-backed bonds could help deliver a planned energy corridor and transport improvements.
It could also fund upgrades to Aberdeen Exhibition and Conference Centre.
Aberdeenshire Council has also outlined its commitment to economic growth.
Capital spending of £400m is planned.
This includes road improvements and new schools in the next four years.