Nicola Sturgeon visits concert hall building site
The Deputy First Minister said said the tax incremental financing (TIF) model would boost capital spending and support jobs and apprenticeships.
The scheme allows councils to fund infrastructure work by borrowing money against the cash they expect to raise in business rates once the projects are completed.
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Hide AdGlasgow Royal Concert Hall is part of the TIF-funded Buchanan Quarter project.
The initiative, which includes improvements to George Square, Upper Dundas Street and Buchanan Street as well as work on the Cathedral Street Bridge and Queen Street station, is using £80 million to lever in £310 million of private investment.