Councils confirm support for Freeport East
Babergh and Mid Suffolk District Councils have confirmed their support for Freeport East.
The bid, which includes Gateway 14 in Stowmarket, has been formally submitted to Government by Hutchinson Ports.
The government's Freeports initiative will allow firms to import goods and then re-export them outside normal tax and customs rules. The Government plan is to have 10 Freeports designated across the UK by the end of the year. Successful bidders will be announced in Spring 2021.
The Freeport East ambition is to create manufacturing, green energy and innovation hubs that capitalise on the unique qualities of the Eastern Region and will become an important part of our regions post-Covid recovery.
Statement of support from Cllr Suzie Morley, Leader, Mid Suffolk District Council:
“Freeport East provides an exciting opportunity not only for our localities but also for Suffolk and the wider East of England region.
Gateway 14, in Stowmarket, along with the other key sites in Felixstowe and Harwich, is in a unique position to support business growth across multiple sectors which will be key to maximising the contribution of the East of England to the national post-Brexit Industrial Strategy.
We are passionate about encouraging innovation, growth and aspiration and see this bid as key to supporting this ambition, delivering inclusive growth, and ensuring that our communities will benefit from the incredible opportunities that Freeport East can achieve.”
Further information about can be found by visiting the Freeport East website.