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Southampton kicks off freeport study

[ February 12, 2020   //   ]

ABP has welcomed chief secretary to the Treasury, Rishi Sunak to the Port of Southampton to launch the ten-week consultation on creating up to ten freeports in the UK.

The port owner and operator said several of its locations offer large areas of development land close to deep water and that freeports can enhance these advantages, making them attractive for investment in new manufacturing.

Sunak (pictured, centre, with ABP Southampton director Alastair Welch, left, and ABP chief commercial officer, Julain Walker) said: “Freeports will unleash the potential in our proud historic ports, boosting and regenerating communities across the UK. They will attract new businesses, spreading jobs, investment and opportunity to towns and cities up and down the country…I urge Southampton and ports across the country to start preparing their Freeport applications, ready for the competitive process which will follow our 10 week consultation.”

 

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