£10 million investment for Port of Nigg redevelopment
Up to £10 million will be invested in the redevelopment of the Port of Nigg to create a new quayside for offshore wind farm components. This funding is part of a larger Scottish government commitment of £500 million for the Inverness and Cromarty Firth Green Freeport. The UK government recently granted Nigg its own customs arrangements, simplifying paperwork and reducing costs for imported engineering equipment. This is the first site in the freeport to receive this designation. The Inverness and Cromarty Firth Green Freeport aims to create over 10,000 jobs and attract more than £3 billion in investment. It offers tax incentives and commitments to net zero targets and fair work practices.