News. Place Projects - 14 March 2022

East Midlands Freeport to hold launch webinar on 22 March

The East Midlands Freeport will be holding a free launch webinar on Tuesday 22nd March 2022, 11:00am-12:00pm.

Freeports are a flagship Government programme that will play an important part in the UK’s post-COVID economic recovery and contribute to realising the levelling up agenda, bringing jobs, investment and prosperity to some of the most deprived communities, with targeted and effective support.​

The East Midlands Freeport is the UK’s only inland freeport and is set to deliver over 61,000 jobs for the East Midlands and an extra £8.9bn for the local economy over the next 30 years. It is one of eight Freeports that were announced by The Chancellor of the Exchequer Rishi Sunak in the March 2021 budget.

Straddling three East Midlands counties, East Midlands Freeport features three main sites:

The webinar will showcase the Freeports benefits and opportunities for businesses and investors, as well as its impact in local communities through job creation, infrastructure improvement, and inward investment.

Proposed agenda:

  • 11:00-11:05 – Introduction – Penny Coates, Independent Chair of the East Midlands Freeport Board
  • 11:05-11:20 – East Midlands Freeport Update – Marcus Richards, EY
  • 11:20-11:30 – Tax sites Overview – Marcus Richards, EY
  • 11:30-11:55 – Q&A – All Panel Members
  • 11:55-12:00 – Closing Remarks – Penny Coates, Independent Chair of the EMF Board

Book you place here.

Earlier this month, the East Midlands Freeport secured formal Government approval for its plans to offer businesses locating in the Freeport special incentives.

The greenlight means that from 22nd March 2022, eligible companies investing in designated areas within the Freeport’s boundary will be able to access a range of benefits offered through the Government’s Freeport policy.

The special incentives will be offered to companies whose development plans support the Freeport’s main objectives, including promoting growth in advanced manufacturing and logistics, and turbocharging the drive towards Net Zero.

By building on the Freeport’s other unique advantages as the nation’s only inland Freeport with unparalleled global transport links, these benefits will help attract and accelerate new high value, low carbon investment that promises to create thousands of skilled green jobs.

The Freeport is set to benefit communities across the East Midlands and make a critical contribution to the Government’s levelling-up agenda.

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