Two freeports are to be created in Wales for the first time in a bid to boost the country's economy, the UK and Welsh governments have announced.
Replace oil and gas? Anyone connected to the Scottish energy sector knows that the investment in creating those high skill, high value, high wage jobs simply isn’t happening on anything like the scale it needs to, writes Dick Winchester.
As Shell gets set to move into its new office in Aberdeen, delays are afoot for a similar move for Big Oil rival BP (LON: BP).
News this month that Cromarty and the Firth of Forth have been chosen to become Scotland’s green freeports was unquestionably a bitter pill to swallow for the energy sector in North-east Scotland.
Tenders for Scotland’s two green freeports could be awarded as early as July.
Billionaire industrialist Sir Ian Wood has said he is “more hopeful” about the prospects of a landmark project to capture, store and manage carbon in the north-east than he was when it was snubbed in a £1billion government funding programme a few weeks ago.
Westminster has reinforced its pledge to roll out its freeport model in Scotland, despite allegations it is “ignoring” the matter.
There are calls for discussions around “greenports” in Scotland to get “back on track” following the Holyrood election.
Scottish greenports will ‘level playing field’ with England on offshore wind work – Cromarty Firth boss
Creation of “greenports” will let Scotland compete with England for offshore wind manufacturing work, according to a Cromarty Firth boss.
Less than a decade after the Tories under David Cameron scrapped the UK’s five freeports, they’re back on the agenda again.