Humber’s freeport bid goes to government this week
The Humber’s freeport bid, will bring thousands of jobs and multi million pounds of investment to North East Lincolnshire.
The bid will be discussed in Whitehall this week which could bring hope to local residents and massively boost Grimsby’s employment rate.
Simon Bird, Associated British Ports’ Humber director, said it will act as a catalyst to accelerate growth in decarbonisation and offshore wind operations, maintenance and manufacturing.
It outlines custom zones locations across the area including the four main ports as well as three new tax sites highlighted for land east of Port of Hull, Goole and Able Marine Energy Park at North Killingholme.
The bid will boost the economy in a variety of areas across the Humber.
Mr Bird added: “This is a hugely exciting bid. The Humber Freeport will not only unlock economic growth in our area, but the benefits will be felt well beyond most of Yorkshire and much of the Midlands.”
“Growth will be focused on business that will help us to decarbonise our economy and create a green and sustainable economy for the future.”
Those behind the bid said an agreement has been reached to complement tax sites by ensuring the benefits of freeport status is felt across all four Humber local authority areas.
Out of the four areas which will significantly benefit will be between Grimsby and Immingham will be one of them.
One of the UK’s busiest ports complex is in Immingham which combined with others on the Humber they handle approximately 17% of the nation’s trade.
The ports also supply materials which fuel 10% of energy in the UK and 25% of vehicles.
Cllr Philip Jackson, leader of North East Lincolnshire Council, said “I believe we have pulled together a compelling bid for supporting sites across the Humber that will be truly transformational, and provide long-term opportunities for jobs and growth.”
“It means that we’ll be able to maintain the momentum demonstrated in recent years across some of our most important economic sites.”
The bid will not just boost the local economy but also affect the economy on a wider scale.
In West Yorkshire, the Sheffield City Region, job benefit will also increase.