{"id":12429,"date":"2026-01-15T02:06:38","date_gmt":"2026-01-15T02:06:38","guid":{"rendered":"https:\/\/microvibenews.com\/?p=12429"},"modified":"2026-01-15T02:06:38","modified_gmt":"2026-01-15T02:06:38","slug":"25m-unlocked-for-forth-freeport-development-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=12429","title":{"rendered":"\u00a325m unlocked for Forth freeport development \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port.png\" alt=\"Dame-Susan-Rice-at-Forth-Port\" class=\"wp-image-166971 lazyload\" style=\"width:818px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"553\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port.png\" alt=\"Dame-Susan-Rice-at-Forth-Port\" class=\"wp-image-166971 lazyload\" style=\"width:818px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port-300x209.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port-768x535.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Dame-Susan-Rice-at-Forth-Port-600x418.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Dame Susan Rice: momentous day<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">An agreement has been signed that will release \u00a325 million in seed funding from the UK and Scottish governments to support reindustrialisation of the Edinburgh, Fife and Falkirk areas.<\/p>\n<p class=\"has-medium-font-size\">The funding for the Forth Green Freeport aims to attract about \u00a38 billion of private and public investment over the next decade.<\/p>\n<p class=\"has-medium-font-size\">Scottish Office minister Kirsty McNeill and Deputy First Minister, Kate Forbes joined the Forth Green Freeport chair, Dame Susan Rice and CEO, Sarah Murray, with representatives from the three local authorities to mark the signing of a Memorandum of Understanding (MoU) with the two governments.<\/p>\n<p class=\"has-medium-font-size\">The seed capital will be match-funded by project leads bringing an initial investment in the area to more than \u00a350m.<\/p>\n<p class=\"has-medium-font-size\">The seed capital funding will help prepare the key sites within the FGF area to attract investors in the key target sectors including offshore wind, hydrogen, sustainable fuels, modular manufacturing and logistics.<\/p>\n<p class=\"has-medium-font-size\">FGF became operational on 12 June 2024 and over the next 25 years is set to attract new businesses and new jobs into Burntisland, Grangemouth, Leith and Rosyth, aided by a suite of tax and custom incentives to deliver real benefits for Scotland and the UK.<\/p>\n<p class=\"has-medium-font-size\">A detailed economic impact assessment has projected that FGF will generate \u00a37.9 billion of private and public investment and boost GVA (gross value added) by \u00a38.1 billion. <\/p>\n<p class=\"has-medium-font-size\">The analysis projected that up to 34,500 well paid, skilled jobs, could be created with around 16,000 of these being direct employment in the FGF\u2019s target sectors and tax sites.\u00a0<\/p>\n<p class=\"has-medium-font-size\">Dame Susan\u00a0said: \u201cThis is a momentous day for the entire Forth Green Freeport team as we mark the MoU agreement and release the \u00a325mi of seed capital from the UK Government to help attract significant inward investment.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#25m #unlocked #freeport #development #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dame Susan Rice: momentous day&hellip; <\/p>\n","protected":false},"author":1,"featured_media":12430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[8875,266,265,8873,1717,8874,8877,8876],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12429"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12429"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/12430"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}