Page 13 - Bathside Bay News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A BID has been submitted to create a freeport for the East of England - creating more than 13,000 jobs for the region. The Freeport East group, made up from businesses and local authorities, is calling on the Government to assign the status to Harwich and Felixstowe. Freeport status means areas will benefit from tax reliefs and simplified customs procedures in order to encourage economic activity, which the Government sees as a means of boosting global trade following Brexit. Areas have until midday today to enter their bids to be considered by the Treasury and a decision is expected ...

Published: 9:19 PM February 2, 2021    A CGI showing how the new Port of Felixstowe Logistics Park could look in the heart of the port complex - Credit: MIKE PAGE/PORT OF FELIXSTOWE A bid for Suffolk and north Essex to have a designated freeport can now be submitted, after councillors in East Suffolk gave their backing for the scheme which could create thousands of new jobs. East Suffolk Council's cabinet unanimously backed the bid for the Port of Felixstowe and Bathside Bay in Harwich, both operated by Hutchison Ports, to become one of 10 freeport facilities across the UK, that will opera...

East Suffolk Council's cabinet will discuss the freeport proposals on Tuesday, February 2 and members are asked to give their backing to the plan so it can be submitted to Government three days later. A report to councillors says: "Freeport status would provide the catalyst for additional development, new economic activity and job creation in areas which have the land and the labour market for large-scale development but need central government stimulus to fully realise this opportunity. "Up to 12,000 direct, indirect and construction jobs will be generated across the region in the event of ...