Inverness and Cromarty Firth Green Freeport and Forth Green Freeport will become Scotland’s first green freeports.

Development of the two freeports will be supported by up to £52m in start-up funding and will benefit from tax reliefs and other incentives through a combination of devolved and reserved powers.

Freeports benefit from a range of subsidies, including tax reliefs, customs advantages, reduced business rates, planning, regeneration, and trade and investment support.

Tax incentives include enhanced capital allowances, relief from stamp duty land tax (SDLT) and reduced employer National Insurance contributions for new employees.