UK and Scottish governments agree on deal for two ‘green freeports’ – The National

  • Date: 14-Feb-2022
  • Source: The National
  • Sector:Economy
  • Country:Middle East
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UK and Scottish governments agree on deal for two ‘green freeports’ – The National

The UK and Scottish governments have agreed on two “green freeports” north of the border and British Prime Minister Boris Johnson is expected to visit Scotland on Monday.

Freeports – special economic zones offering tax breaks and lower tariffs for businesses – are being promoted by the UK government as part of its “levelling up” agenda.

A bidding process for the freeports will open in spring this year and it is hoped the new sites will open a year later.