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Written Question

Freeports: Foreign Investment in UK

Friday 15th March 2024

Asked by: Emily Thornberry (Labour - Islington South and Finsbury)

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to her Department's Freedom of Information response of 29 January to the Rt Hon Member for Islington South and Finsbury of 29 January 2024 (reference number FOI2023/08394), how many freeports were recorded as having an amount of capital expenditure resulting from verified foreign direct investment of (a) £0, (b) £1 to £500,000, (c) £500,001 to £10,000,000, (d) £10,000,001 to £100,000,000, (e) £100,000,001 to £400,000,000, (f) £400,000,001 to £640,000,000 and (g) more than £640,000,000 between 1 December 2021 and 29 February 2024.

Answered by Nusrat Ghani - Minister of State (Minister for Europe)

There is an expectation that FDI performance of UK Freeports will be assessed in the upcoming annual report on the programme that DLUHC will be releasing in Summer. The data used in the FOI remain the most recent in the public domain.

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Written Question

Freeports: Foreign Investment in UK

Friday 15th March 2024

Asked by: Emily Thornberry (Labour - Islington South and Finsbury)

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to her Department's Freedom of Information response of 29 January 2024 to the Rt Hon Member for Islington South and Finsbury of 29 January (reference number FOI2023/08394), how many freeports were recorded as having a number of jobs created as a result of verified foreign direct investment of (a) zero, (b) 1 to 50, (c) 51 to 150, (d) 151 to 250, (e) 251 to 400, (f) 401 to 710 and (g) more than 710 between 1 December 2021 and 29 February 2024.

Answered by Nusrat Ghani - Minister of State (Minister for Europe)

There is an expectation that FDI performance of UK Freeports will be assessed in the upcoming annual report on the programme that DLUHC will be releasing in Summer. The data used in the FOI remain the most recent in the public domain.

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Non-Departmental Publication (Guidance and Regulation)
HM Revenue & Customs

Mar. 14 2024

Source Page: Maps of Inverness and Cromarty Firth Green Freeport tax sites
Document: Maps of Inverness and Cromarty Firth Green Freeport tax sites (webpage)

Found: emails about this page Print this page Related content Collection Maps of Freeports

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Lords Chamber
United Kingdom: Union - Thu 14 Mar 2024
No Department present

Mentions:
1: Lord Cameron of Lochiel (Con - Life peer) Such collaborative working is at the heart of important initiatives such as freeports, city and growth - Speech Link

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Select Committee

Siemens Energy, Siemens Energy, and Siemens Energy

Oral Evidence Mar. 13 2024

Inquiry: Securing the domestic supply chain
Inquiry Status: Closed
Committee: Energy Security and Net Zero Committee

Found: A key element of that are schemes like freeports, which is a process by which we have selected some

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Select Committee

Rolls -Royce SMR, Rolls-Royce SMR, and Rolls-Royce SMR

Oral Evidence Mar. 13 2024

Inquiry: Securing the domestic supply chain
Inquiry Status: Closed
Committee: Energy Security and Net Zero Committee

Found: A key element of that are schemes like freeports, which is a process by which we have selected some

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Select Committee

Associated British Ports

Oral Evidence Mar. 13 2024

Inquiry: Securing the domestic supply chain
Inquiry Status: Closed
Committee: Energy Security and Net Zero Committee

Found: A key element of that are schemes like freeports, which is a process by which we have selected some

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Lords Chamber
Scottish Government: Devolved Competences - Wed 13 Mar 2024
Cabinet Office

Mentions:
1: Baroness Neville-Rolfe (Con - Life peer) A recent good example would be the work together on green freeports—where there is overlap —with both - Speech Link

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