North East Lincolnshire Council to take lead on Humber Freeport
New tax sites on both banks of the Humber will incentivise growth
North East Lincolnshire is to take the lead on the government’s new major Freeport project for the Humber.
Freeport status for the Humber was granted in April’s budget. It was one of just eight areas of the UK to be designated as having special trading zones, which will allow lower tariffs in a bid to attract investment and major manufacturers to the area.
On Tuesday, North East Lincolnshire Council’s cabinet will ask councillors to accept a request from the Humber Leadership Board for the authority to become “lead authority and accountable body” for the Humber Freepoint.