East Midlands Freeport accelerates plans for growth as talks take place with potential investors

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East Midlands Freeport is actively talking to a number of potential national and international investors as it accelerates its plans to unlock the potential for tens of thousands of new jobs in the region.

Launched last year, the Freeport has set up three ‘tax sites’ where there are lower tax rates aimed at speeding up business investment, job creation and economic growth. The three sites cover around 1,300 acres of land – more than twice the size of London’s Olympic Park:

East Midlands Airport Gateway & Industrial Cluster is alongside the UK’s largest dedicated express airfreight airport and the rail freight-connected East Midlands Gateway logistics park. East Midlands Intermodal Park, next to the Toyota manufacturing plant just outside Derby. Ratcliffe-on-Soar Power Station site: where owner Uniper has a vision to transform the site of the UK’s last coal-fired power station into a destination for zero carbon technology and energy.

The Freeport is looking to secure investment from global investors active in sectors where the East Midlands has established strengths, such as automotive, aerospace, advanced logistics and clean energy.

While it is in only the second year of a 25-year programme, it has now revealed that advanced talks are taking

 link source - East Midlands Business Link General https://www.eastmidlandsbusinesslink.co.uk/mag/wp-content/uploads/2024/07/Tom-Newman-Taylor.jpg

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