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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Scottish green freeports show huge potential for Welsh equivalent, says Celtic Freeport bid

One of the bidders for a freeport based on renewable energy in Wales has welcomed news that two green freeports have been approved in Scotland. On Friday (January 13), the UK and Scottish governments confirmed that Inverness and Cromarty Firth Green Freeport and Forth Green Freeport were successful in their bids to establish a new green freeport.

Backed by up to £52 million in UK Government funding, the new sites are expected to bring forward an estimated £10.8 billion of private and public investment and create over 75,000 new, high-skilled jobs. Now the Celtic Freeport bid, which aims to utilise renewable sources of energy, has said that the news underlines the huge potential of green freeports focused on floating offshore wind (FLOW) and sustainable supply chains.

Read more: Zip World criticises major zip wire and cable car tourism attraction for Swansea

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