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Published on: 1/11/2007
Last Visited: 1/11/2007
Nigel Watson, SEB's director of physical infrastracture, hit back at the indictment of his organisation's 15-year record."Our investment in the physical infrastructure of Ettrick Riverside and the surrounding areas has sparked a massive regeneration of the Selkirk Riverside area, creating or safeguarding almost 650 jobs, while also spreading major benefits both for the local community and the central Borders as a whole."He said the Ettrick Riverside centre currently housed 30 companies, safeguarding 140 jobs for the area and contributing an additional £11M to the Borders economy.New businesses had been attracted, including Oregon Timber.Similarly, SEB had renovated and marketed the building which was now home to call centre operators Careline, employing 325 people, and had given financial assistance to a number of smaller firms to relocate and grow in the area.Mr Watson said the regeneration of Etrrick Riverside, in which £10M had been invested, had been a key part of a strategy to diversify and move away from the traditional reliance on manufacturing."By offering mixed-use accommodation, we are able to establish companies which have the biggest potential to grow and contribute to the Borders economy and we are already seeing this in practice."He said Eildon's plans fitted that philosophy, while bringing another historic building back to life and facilitating the association's current and future expansion plans.