Two out of eight English Freeports to be located in Midlands Engine, plus important Towns Fund announcements

Date posted: March 3, 2021
Share
midlands engine regions map

Sir John Peace, Chairman of the Midlands Engine said:

I am delighted that the Chancellor’s Budget Statement recognises the huge potential for economic growth represented by Humber Ports and East Midlands Airport by announcing that they will become the locations for two of the eight new Freeports in the UK.

Taken together, both Freeports within the Midlands Engine will be transformational catalysts for widespread changes and a key component of levelling up the Midlands. They will play a crucial role in driving up economic potential, rapidly accelerating existing initiatives, tackling skills and productivity gaps, increasing investment and delivering long term growth in our region.

Most significantly, the Freeports of Humber Ports and East Midlands Airports will further enhance the central role of the Midlands Engine as a global gateway for the UK – building on our position as a proven powerhouse of international trade.

The focus on green growth measures is also welcome, as the Midlands continues to play a central role in driving the new Green Industrial Revolution, and I am delighted too, with the Towns Fund announcements. Success here reflects the considerable work led by partners and recognises the importance of our regions’ towns, their hinterlands, and the critical role they play in levelling up every part of the Midlands Engine.

A full list of the locations chosen to receive support from the Towns Fund is available on the Government website.

For the latest on our region, subscribe to Midlands Matters, the official newsletter of the Midlands Engine.
Share

Keep Updated

Latest News & Events

HDR UK Conference attendees sitting at tables listening to a speaker at an event in Nottingham

Uncategorized

Jun 21 2024

Health experts and data scientists descend on Nottingham to discuss using health data to improve lives

With 150 delegates from the Midlands and beyond, the recent Health Data Research UK (HDR UK) Midlands Annual Conference, highlighted the region’s crucial role in advancing health data research.

Read more
Solar panels

Green Growth

Jun 18 2024

Loughborough University development to improve solar panel efficiency

A new development at Loughborough University could fix a “significant problem” within the solar panel industry.

Read more
Broadmarsh

Economic Opportunities

May 25 2024

Nottingham Broad Marsh Master Plan Unveiled

The Masterplan shows how to transform the area to create opportunities to live and work in the area, bring investment and employment for local businesses. A new fly-through CGI video and images also show how the area would look in the future.

Read more

Subscribe to our partnership newsletter