On Thursday 30 March, the East Midlands Freeport was given the green light. D2N2 Local Enterprise Partnership (LEP) helped to bring this to our region.
The key headlines are as follows:
- New high-quality jobs and much-needed investment for the East Midlands region have been unlocked, with the East Midlands Freeport receiving final Government sign off.
- The Freeport will receive up to £25 million seed funding from Government and potentially hundreds of millions in locally retained business rates to drive growth in the UK’s advanced manufacturing, biomanufacturing, logistics, and low carbon industries.
- It will help encourage investment into sectors including automotive, space, and satellites sectors, generating thousands of jobs and boosting the local economy.
- The East Midlands Freeport is uniquely positioned as the only inland Freeport in England, with connections to major regional transport hubs, such as East Midlands Airport.
For more details visit here.