Freeports and Special Economic Zones

(asked on 18th November 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government what assessment they have made of the impact of freeports and special economic zones on UK inward investment trends.


Answered by
Baroness Taylor of Stevenage Portrait
Baroness Taylor of Stevenage
Baroness in Waiting (HM Household) (Whip)
This question was answered on 1st December 2025

Freeports and Investment Zones, now integrated as Industrial Strategy Zones (ISZs), are delivering strong results for UK inward investment, supporting the government's number one priority – economic growth.

They have attracted over £6.4 billion in private investment to date, including Siemens Gamesa's £186 million wind turbine factory in the Humber and Nissan's £1.12 billion investment in the Northeast Investment Zone.

Over their lifetime, ISZs are projected to generate over £60 billion of private investment, with a focus on the high-growth sectors identified in the Industrial Strategy. Comprehensive Monitoring and Evaluation of ISZs will track progress and impact against this projection.

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