UK and Scottish governments agree green freeport plan
Bidding to open in spring for development of two hubs with 2045 net-zero targets
The UK and Scottish governments have agreed a plan to develop two green freeports in Scotland, with the UK pledging £52mn ($70.5mn) of support for the low-carbon hubs. Bidding for the rights to develop the hubs will open in the spring and close in the summer, with the two governments hoping the sites will become operational by spring 2023. Bidders must pledge to achieve net zero at the hubs by 2045. Freeport status gives businesses investing at the sites a range of tax incentives. Last year, the UK granted freeport status to eight sites across England. Any sea, air or rail port can apply as part of a consortium with other businesses, the council and other relevant public bodies, the UK gover
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