Around half of the food and drink firms in Scotland plan to invest more in exports during the next 12 months in spite of the uncertain economic outlook as they try to break into markets including the Far East.
Scottish firms are expected to ramp up investment to capitalise on the appeal goods made in Scotland hold in countries where rapid economic growth is creating surging demand for products such as Scotch whisky.
In a survey of 100 firms sponsored by Lloyds Bank Wholesale Banking & Markets, 44% of respondents said they will be targeting new markets, such as Russia, while 43% accept this will mean they need to invest more.
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