Current status: Answered by Gillian Martin on 6 September 2024
To ask the Scottish Government whether any public money will be provided to support Vestas with its reported plans for a facility to construct turbine blades in Leith, inside the Forth freeport zone.
Our fast-growing offshore wind industry provides us with significant opportunities to attract inward investment, generate green jobs and grow our regional and national economies, not least in our Green Freeport areas in Inverness and Cromarty Firth and the Firth of Forth.
There is a range of public sector commercial and grant funding avenues, alongside other dedicated support, available to all potential inward investors, including Vestas. We work closely with partner organisations to make sure companies are aware of these and can access them easily.
For example, investors at Green Freeport tax sites can benefit from a range of devolved and reserved tax reliefs which would constitute revenue forgone by UK and Scottish Government respectively.