Humber Freeport bid launched
This week a consortium from across the Humber will be submitting a bid for Freeport status, ABP says in a press release.
The two Local Enterprise Partnerships of Greater Lincolnshire and the Humber, along with the four local authorities of Hull, East Riding, North Lincolnshire and North East Lincolnshire have formed a partnership with businesses from across the region to assemble to most compelling bid for Freeport Status that UK will Government will get to consider.
The region is already home to the UK’s busiest port complex including the four major ports of Hull, Goole, Immingham and Grimsby which combined handle around 17% of the nation’s trade. The Humber Ports play a vital role as strategic assets in the fabric of the nation, handling the materials that supply 10% of the nation’s energy, 25% of the UK’s fuel for our vehicles, almost a third of our national timber supply and underpin the farming, food, retail, construction, automotive and pharmaceutical sectors across the UK but especially the Midlands and the North of England.
As the region producing the largest amount of the UK’s carbon, the Humber has a unique opportunity to blaze a trail for de-carbonising our economy as well as build on the area’s status as the most exciting place for growth in green energy. In addition to hosting the largest hub for the operations and maintenance of offshore wind in the World and the offshore wind catapult in the Port of Grimsby and the blossoming manufacture of offshore wind blades in the Siemens Gamesa plant in Green Port Hull, all across the Humber there are projects for boosting green energy and decarbonisation.
The opportunity to secure Freeport status for the Humber will act a catalyst to accelerate growth in all of these endeavours.
In Goole, Immingham, Hull and Grimsby there are communities with high levels of deprivation and large potential workforce who with the right skills investment will and opportunities can help to transform the economy of the area.
The new Humber Freeport will:
Contain customs zone sites all across the Humber including the four main ports
Three new tax sites on both banks of the Humber that will incentivise growth in new manufacturing, research and development and green energy jobs. One site is located to the East of the Port of Hull, one site is located on development land in Goole and the third on the Able Marine Development Park in Killingholme.
An agreement to complement tax sites by targeting significant seed capital resources to ensure the benefits of Freeport status is felt across all four Humber local authority areas, including at the South Humber Industrial Investment site near Stallingborough in North East Lincolnshire.
Secure significant inward investment from blue-chip multinationals with the potential to attract and drive both supply chain and innovation ecostructures
Utilise local labour to help tackle the issues of deprivation not just in the Humber but beyond into surrounding areas in Doncaster, Wakefield and Leeds.