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Humber Freeport Webinar

Date: 11th May 2021.

Location: Webinar

Cost: Free

Time: 08:00 - 10:00

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The announcement in March that the Humber is among eight areas of England that will have a new Freeport is of major significance for Greater Lincolnshire.

To watch a recording of this webinar please click here.

 

The announcement in March that the Humber is among eight areas of England that will have a new Freeport is of major significance for Greater Lincolnshire.

This new status will is fundamental to Greater Lincolnshire's future prosperity; turbo charging the economy, increasing investment by £3.5bn and supporting 7,000 new jobs.

The Humber currently accounts for 23% of all goods travelling through English ports, adding £7.6 billion GDA to the UK, and supports around 35,000 regional jobs. The Humber estuary is home to one the largest and busiest ports complexes in the UK, and is the sensible location for a freeport based on the area’s global strengths of advanced manufacturing and clean growth.

Alongside access to Humberside Airport, the A1, the East Coast Main Line and food clusters in the south, Greater Lincolnshire’s ports and logistics sector also accounts for over 25% of UK rail freight, connecting to the major energy and manufacturing providers in the North and offering significant opportunities as the UK gateway to the Midlands Engine and Northern Powerhouse.

The successful Humber Freeport bid was submitted by a formal coalition led by ABP with support from the four Humber local authorities of East Riding of Yorkshire, Hull, North and North East Lincolnshire, alongside both LEPs and partnering businesses across both banks of the estuary.

This webinar gave an introduction to freeports, what it means for Greater Lincolnshire, and highlight the opportunities it will create for our region.

Following the plentiful good news stories and recent developments in the ports sector, please see our latest LEP e-newsletter focusing on Ports & Connectivity which collates these together with commentary HERE. The introductory blog is attributed to our new LEP Director; Simon Bird, Director of ABP Ports (Humber) and is accompanied by a short promotional vlog which you can view HERE