Plymouth and South Devon Freezone Stakeholder information
Thank you for your interest in the proposed Plymouth and South Devon Freezone. As you know, Plymouth and South Devon are one of eight freeport areas or “freezones” in England proposed by the Chancellor of the Exchequer in the March 2021 budget.
The proposed “freezone” for our region follows a successful initial bid to Government by Plymouth City Council, with support from Devon County Council and South Hams District Council. The Plymouth and South Devon Freezone will harness the power of our marine, engineering, defence, space and logistics sectors to deliver clean growth and provide the high quality jobs we need for the future.
The initiative is intended to support the levelling up of our regional economy and stimulate new investment through tax and business benefits. There is a strong focus on attracting overseas investment as part of a wider Global Britain strategy.
The next step is the preparation of a full business case for the Freezone which must be submitted to the Government this Autumn for final approval.
The three lead local authority partners are keen to co-design the business case with stakeholders such as yourself. We very much want to hear your ideas and priorities so that the business truly reflects the needs and opportunities of our region.
We aim to therefore hold an open stakeholder event and a series of workshops over the summer and would be delighted if you are able to participate.
Please save the date 25th June 2021 and RSVP to this invitation and we will send full details in due course. In the meantime we attach our Plymouth and South Devon Freezone business snapshot – here – with all the latest information about the freezone.
You can also find our latest updates on our website:
Shadow Chair of Plymouth and South Devon Freezone Board