{"id":54033,"date":"2020-11-25T11:59:53","date_gmt":"2020-11-25T11:59:53","guid":{"rendered":"https:\/\/www.newangliagrowthhub.co.uk\/?p=54033"},"modified":"2021-07-13T13:55:36","modified_gmt":"2021-07-13T12:55:36","slug":"ambitious-vision-set-out-for-innovative-new-freeport-in-east-of-england","status":"publish","type":"post","link":"https:\/\/bedotdev.com\/newanglia\/ambitious-vision-set-out-for-innovative-new-freeport-in-east-of-england\/","title":{"rendered":"Ambitious Vision Set Out For Innovative New Freeport In East Of England"},"content":{"rendered":"<p><strong>Public and private sector leaders have set out their joint vision for a new Freeport on the East Coast.<\/strong><\/p>\n<div class=\"elementor-element elementor-element-b2f9ae7 elementor-widget elementor-widget-theme-post-content\" data-id=\"b2f9ae7\" data-element_type=\"widget\" data-widget_type=\"theme-post-content.default\">\n<div class=\"elementor-widget-container\">\n<p>Freeport East would focus on the Port of Felixstowe and Harwich International Port \u2013 both owned by Hutchison Ports \u2013 and be a strategic hub linking UK importers and exporters with suppliers and customers across the globe, situated as it is at the heart of vital trading routes to Asia and Northern Europe.<\/p>\n<p>Pioneering the next generation of Ports which will drive and support the government\u2019s local and national regeneration strategies, Freeport East will build on the existing ports\u2019 excellent road and rail links to the Midlands and the North of England \u2013 the destination for almost a third of Felixstowe\u2019s current throughput.<\/p>\n<p>It will create a manufacturing, green energy and innovation hub that capitalises on the unique qualities of the Eastern Region, the latest advances in digital technology and the Internet of Things, the excellent credentials of the partners involved and the as-yet untapped technological and scientific centres on Freeport East\u2019s doorstep. With its existing links to the clean energy sector, such as the Galloper Windfarm maintenance base at Harwich, Freeport East is ideally positioned to lead on decarbonisation of the country\u2019s energy needs.<\/p>\n<p>Bringing these elements together, alongside the ports\u2019 situation at the heart of European and global trade flows, will deliver a strong economic proposition capable of boosting UK PLC in these difficult times, and to support growth plans of the future throughout the UK.<\/p>\n<p>The vision has been set out jointly by business and local government leaders from Essex, Suffolk, and the wider region, and work is now underway to develop a detailed bid following the publication of the Government\u2019s Freeports prospectus last week.<\/p>\n<p>Chris Starkie, chief executive of New Anglia Local Enterprise Partnership, said: \u201cThe LEP is broadly supportive of the freeports policy and sees it as an opportunity to stimulate additional trade and investment, particularly around exports. There is also a chance to grow manufacturing, particularly in the coastal areas nearest ports, and to feed through to the wider supply chain.<\/p>\n<p>\u201cFreeports need to be linked through to skills provision in local areas, as well as innovation and R&amp;D, and align with the existing enterprise zone policy. I think one of the unstated successes of enterprise zones is just how good value for money they have been. Cost per job, on our analysis, is about \u00a310,000 and, in many parts of the country, and it has also linked innovation and R&amp;D centres to enterprise zones.\u201d<\/p>\n<p>George Kieffer, Chairman of the Project Board, said: \u201cI am excited to be leading such a professional and expert team to drive forward a bid that will attract major investment and lead to increased economic prosperity not only locally, but nationally.<\/p>\n<p>\u201cThe area is home to some of the most deprived wards in the UK and by bringing lasting regeneration and creating new job opportunities to the region the project will support the government\u2019s levelling-up agenda.<\/p>\n<p>\u201cWe look forward to working with universities in the region to make Freeport East a hotbed of innovation in the technologies of the 21st Century.\u201d<\/p>\n<p>Mr Kieffer added his thanks for the strong support already received from MPs in the region.<\/p>\n<p>Clemence Cheng, Executive Director of Hutchison Ports and Managing Director of Hutchison Ports Europe, added: \u201cThe combination of the ports of Felixstowe and Harwich offers the UK a unique opportunity in the post-Brexit world, sitting as they do at the main junction point between the UK\u2019s principal trade route to and from the Far East and key freight links to and from northern Europe.<\/p>\n<p>\u201cTogether with the leading edge technical skills that come with the partnership with universities, including the University of Cambridge, this combination can serve as a powerful magnet to bring new investment into the UK and in particular to the area around this unique junction point.\u201d<\/p>\n<p>Detailed plans will be set out in a formal bid document.<\/p>\n<p>A video launching the bid can be viewed here:\u00a0<strong><a href=\"https:\/\/vimeo.com\/483168509\/c10b8dff5b\">https:\/\/vimeo.com\/483168509\/c10b8dff5b<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n<p style=\"text-align: left;\">For free, one-to-one business support, call us on 0300 333 6536 or get in touch using our contact form<\/p>\n<p style=\"text-align: left;\">Sharpen your skills, enhance your network and give your business the tools to grow at our free workshops<\/p>\n<h2>Stay in the loop with our newsletter<\/h2>\n<p>Sign up to receive updates from the Growth Hub on funding opportunities, business news, upcoming events and more<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Public and private sector leaders have set out their joint vision for a new Freeport on the East Coast.<\/p>\n","protected":false},"author":2,"featured_media":55480,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-54033","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-news-post-types","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - 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