The government is currently seeking views about the creation of up to 10 freeports in locations across the UK. These will have different customs rules than the rest of the country, that are innovative hubs, boost global trade, attract inward investment and increase productivity.
In doing so, the government wants freeports to generate employment opportunities to the benefit of some of our most deprived communities around the UK.
The government has the following objectives for UK freeports:
- establish freeports as national hubs for global trade and investment across the UK
- promote regeneration and job creation
- create hotbeds for innovation
The consultation closes 20 April 2020. Further information is available here