Green light - Tilbury to become a freeport A new freeport which is set to create 25,000 jobs in south Essex has been signed off by Chancellor Rishi Sunak. International port operator DP World and Forth Ports has won a bid to create a Thames Freeport with London Gateway, with the Thurrock-based Port of Tilbury and Ford’s Dagenham engine plant at its heart. Announcing a number freeports across the country, Mr Sunak said the special economic zones with different rules would “make it easier and cheaper to do business” laying the ground for an economic boom in the region. The joint bid by DP World and Forth Ports in partnership with Ford and Thames Enterprise Park will see a Thames Freeport, with Thurrock at its heart, attract billions in private sector investment over the next 25 years.
Green light - Tilbury to become a freeport A new freeport which is set to create 25,000 jobs in south Essex has been signed off by Chancellor Rishi Sunak. International port operator DP World and Forth Ports has won a bid to create a Thames Freeport with London Gateway, with the Thurrock-based Port of Tilbury and Ford’s Dagenham engine plant at its heart. Announcing a number freeports across the country, Mr Sunak said the special economic zones with different rules would “make it easier and cheaper to do business” laying the ground for an economic boom in the region. The joint bid by DP World and Forth Ports in partnership with Ford and Thames Enterprise Park will see a Thames Freeport, with Thurrock at its heart, attract billions in private sector investment over the next 25 years.
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River Thames Looking to Regain Lost Ground with New Shipping Services and Ambitious Plans
London Docks Aiming for a Modern Look
UK – It seems the River Thames is getting back towards past glories when it comes to the water borne carriage of freight. This week more news that tonnages are increasing, and the potential for future trade is growing.
Admittedly a London docker of the past would not recognise the giant container cranes and straddle carriers which move the intermodal tonnages so efficiently, but it seems the weather sheltered quay of DP World’s London Gateway deep water port is still steadily picking up business.
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image captionDP World London Gateway opened in November 2013
Two major ports on the Thames Estuary have joined forces in a bid to became a new free port area which bosses claim could spark jobs and investment.
The Thames Freeport would include the ports of Tilbury and London Gateway, in Essex, as well Ford s Dagenham plant further west.
The government is looking to create 10 free ports across the UK and will announce its choices in March.
Free port status would allow the area to work outside normal customs rules.
Alan Shaoul from London Gateway owners DP World said it would enable trade with the rest of the world .