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Former tyre plant next to Edinburgh Airport to house ‘landmark' logistics scheme
Former tyre plant next to Edinburgh Airport to house ‘landmark' logistics scheme

Scotsman

time17 hours ago

  • Business
  • Scotsman

Former tyre plant next to Edinburgh Airport to house ‘landmark' logistics scheme

'This site is going to provide much needed modern industrial buildings to the Edinburgh occupational market' – Tim Stevenson, GSS Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A large logistics development is set to be built near Edinburgh Airport after funding for the project was secured. Puma Property Finance said it was providing a loan to GSS Developments to fund the industrial scheme, known as EDI Approach. The site previously housed a tyre factory that was shut down in 1999. It then lay derelict for years until GSS acquired it, delivered the consent for the industrial development and commenced infrastructure works. Advertisement Hide Ad Advertisement Hide Ad The funding will be used to develop some 122,000 square feet of accommodation, over 13 units ranging from 4,000 to 20,500 sq ft in size. The development will form the first phase of the wider 700,000 sq ft industrial and logistics EDI Approach masterplan. A CGI showing what the EDI Approach development close to Edinburgh Airport should look like when completed. The initial development is targeting completion in the third quarter of 2026. It represents Puma's first partnership with GSS - a private property development and investment company that originated in Aberdeen in 2000 and has since expanded throughout Scotland. Tim Stevenson, director at GSS, said: 'This site is going to provide much needed modern industrial buildings to the Edinburgh occupational market. The strategically located site at Newbridge sits minutes from the M9/M8 intersection providing unparalleled road connectivity across Scotland's Central Belt.' Rahul Malde, director at Puma Property Finance, added: 'This loan facility will bring forward a landmark low-carbon industrial and logistics scheme in a key strategic location near Edinburgh Airport and the city of Edinburgh. Advertisement Hide Ad Advertisement Hide Ad

Agape ATP forms strategic partnerships
Agape ATP forms strategic partnerships

The Star

time10-07-2025

  • Business
  • The Star

Agape ATP forms strategic partnerships

PETALING JAYA: Nasdaq-listed Agape ATP Corp (ATPC), via its subsidiary ATPC Green Energy Sdn Bhd, has signed a strategic partnership with Global Strategic Solutions LLC (GSS) and BM Trading Services Co Ltd (BMT) to expand into large-scale energy and infrastructure projects in key emerging markets. GSS is a US-based advisory firm specialising in digitalisation, infrastructure, and government engagement, while BMT is a Vietnam-based company focused on cross-border trade and strategic partnerships in sectors such as energy and infrastructure across South-East Asia. Under the agreement, ATPC will provide EPC services, technical advisory, and access to clean energy and petroleum infrastructure, while GSS will oversee project sourcing and due diligence.

Nasdaq-listed ATPC forms regional alliance for energy, infrastructure projects
Nasdaq-listed ATPC forms regional alliance for energy, infrastructure projects

New Straits Times

time09-07-2025

  • Business
  • New Straits Times

Nasdaq-listed ATPC forms regional alliance for energy, infrastructure projects

KUALA LUMPUR: Nasdaq-listed Agape ATP Corp (ATPC), through its unit ATPC Green Energy Sdn Bhd, has teamed up with Global Strategic Solutions LLC (GSS) and Vietnam-based BM Trading Services Company Ltd (BMT) to pursue major energy and infrastructure initiatives. The collaboration marks a significant step in ATPC's expansion into large-scale energy and infrastructure projects across Southeast Asia, Africa, and Eastern Europe. The trilateral alliance is set to advance initiatives in petroleum trade, energy transition, and infrastructure development in emerging markets by leveraging the partners' combined technical, operational, and strategic expertise. Its founder and global group chief executive officer, Datuk Seri Dr How Kok Choong, said the partnership represents a strong synergy to address complex challenges in the sector. "By combining our technical, operational, and strategic strengths, we are well-positioned to deliver transformative projects that improve lives and drive economic growth while accelerating the adoption of sustainable solutions in emerging markets," he said in a statement. The US-based firm GSS said the initiative opens exciting opportunities to implement energy and infrastructure solutions that address pressing needs in underserved markets, particularly through its expertise in digitisation, infrastructure, and government engagement. BMT, with a solid presence across Southeast Asia, is focused on enabling cross-border trade and aligning strategic business initiatives, bridging Vietnamese business opportunities with international markets. The partnership agreement includes an initial three-year exclusivity clause, which will automatically renew for successive one-year periods, covering projects within the agreed regions. Under the agreement, ATPC will offer engineering, procurement, and construction services, along with technical advisory, particularly in clean energy and petroleum trading infrastructure. GSS will lead project identification, due diligence, and investor engagement across multi-jurisdictional efforts. BMT will serve as the on-ground commercial facilitator, overseeing deal structuring, regulatory navigation, and project execution in sectors such as diesel, digitalisation, hydrogen, and logistics.

Failing water firms forced to pay ten times as much compensation
Failing water firms forced to pay ten times as much compensation

Metro

time01-07-2025

  • Business
  • Metro

Failing water firms forced to pay ten times as much compensation

The move will mean more money for victims of water company mistakes (Picture: Bloomberg via Getty Images) People whose homes are left flooded could get twice as much money in compensation from water companies after a shake-up of the payout scheme. Reimbursements for a range of issues, from cancelled appointments to late restoration of supply, will be boosted from today. It means those who consistently face low pressure in their homes could go from getting a maximum payout of £25 once a year to £50 up to five times each financial year. And the top amount of compensation for victims of internal flooding from sewers will double from £1,000 to £2,000. Environment Secretary Steve Reed said: 'Too many water companies are letting down their customers – with leaking pipes, poor water supply and low water pressure. 'The government is holding water companies to account by making them put money back into people's pockets when they fail their customers.' Sign up to Metro's politics newsletter, Alright Gov? Craig Munro breaks down Westminster chaos into easy to follow insight, walking you through what the latest policies mean to you. Sent every Wednesday. Sign up here. Compensation will also be awarded for a wider range of issues from later this year, the Department for the Environment, Food and Rural Affairs said. They will include times when customers are asked to boil their water due to a contaminated supply. At least 46 people fell in in Brixham last May due to a waterborne disease (Picture:) That was the case last year in the Devon town of Brixham, where some South West Water customers had to boil their water for more than a month due to a Cryptosporidium outbreak. The government said the changes to the Guaranteed Standards Scheme (GSS) announced today were the first raise in compensation rates for 25 years. How water supply compensation is changing Internal flooding from sewers : Previously minimum of £150 and maximum of £1,000, rising to minimum of £300 and maximum of £2,000 : Previously minimum of £150 and maximum of £1,000, rising to minimum of £300 and maximum of £2,000 External flooding from sewers : Previously minimum of £75 and maximum of £500, rising to minimum of £150 and maximum of £1,000 : Previously minimum of £75 and maximum of £500, rising to minimum of £150 and maximum of £1,000 Low pressure : Previously £25 once a year, rising to £50 up to five times a year for total of £250 : Previously £25 once a year, rising to £50 up to five times a year for total of £250 Supply not restored on time : Previously £20 for households, with £10 for each subsequent 24 hours, and £50 for non-households, with £25 for each subsequent 24 hours. Rising to £50 for households with £50 for each subsequent 24 hours, and £100 for non-households with £100 for each subsequent 24 hours : Previously £20 for households, with £10 for each subsequent 24 hours, and £50 for non-households, with £25 for each subsequent 24 hours. Rising to £50 for households with £50 for each subsequent 24 hours, and £100 for non-households with £100 for each subsequent 24 hours Planned interruption to supply lasting more than four hours, with less than 48 hours' notice : Previously £20 for households and £50 for non-households, rising to £50 for households and £100 for non-households : Previously £20 for households and £50 for non-households, rising to £50 for households and £100 for non-households Failure to make automatic compensation payment : Previously £10 to £20 for households and £10 to £50 for non-households, rising to £40 for households and £100 for non-households : Previously £10 to £20 for households and £10 to £50 for non-households, rising to £40 for households and £100 for non-households Appointments not kept : Previously £20, rising to £50 : Previously £20, rising to £50 Appointments not made properly : Previously £20, rising to £40 : Previously £20, rising to £40 Failure to action complaints, account queries, or requests to change payment arrangements on time: Previously £20, rising to £40 Ofwat Chief Executive David Black said: 'When customers suffer from problems like low pressure, disruptions to supply or sewer flooding they can experience major stress and inconvenience, and payment amounts must recognise the disruption to their lives when standards are not met. 'These new changes are another way to make sure customers are protected when companies get it wrong.' Liberal Democrat environment spokesperson Tim Farron said 'half-baked announcements' wouldn't achieve the 'fundamental reform' his party believes is needed in the sector. He said: 'To create real change in our failing water industry, the regulator Ofwat must be abolished and replaced with a tough new regulator that can hold companies accountable.' Get in touch with our news team by emailing us at webnews@ For more stories like this, check our news page. Arrow MORE: Inside 'Alligator Alcatraz', the abandoned airport turned Trump's migrant detention facility Arrow MORE: Let's give back to the environment on David Attenborough's 100th birthday Arrow MORE: Major parental leave review launched with current system 'not working'

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