By bizn_fun 
Green freeports are places inside a country’s borders where normal tax and customs rules do not apply in full.
In Scotland, a port’s boundaries are agreed by both the Scottish and UK governments.
Green freeports contain two types of sites where the special rules apply – tax sites and customs sites.
Companies can base themselves in one or a combination of both types.
The ports also offer financial and operational incentives, including tax breaks.
In 2022, five bids were received by the Scottish and UK governments to create two of the economic zones in Scotland.
They were: Clyde Green Freeport, Aberdeen City and Peterhead Green Freeport, Opportunity Inverness and Cromarty Firth, Forth Green Freeport (FGF) and Orkney Green Freeport.
FGF and Inverness and Cromarty Firth were announced as the winning bids in September 2023.
The operators of FGF said the freeport was open for business.
They expect to receive £25m seed funding soon following UK and Scottish government approval of a full business case.
The port has an active governance board and delivery team in place.