Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of freeports on the economy.

By encouraging investment in specific sites through a package of benefits and offering a business-friendly environment, Freeports will create high-skilled jobs and drive productivity. In turn, this will ensure sustainable economic growth and regeneration for communities that need it most. The economic impact of individual bids was an important factor in deciding successful freeport locations, and is further assessed through the business case process.