The Solent Forum

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Coastal News

£2 billion Solent Freeport bid submitted

The Solent LEP have submitted a Freeport proposal to government on behalf of a coalition of businesses, local authorities and other partner organisations. 

Successful areas will benefit from tax reliefs, simplified customs procedures and streamlined planning processes to promote regeneration and innovation. The area will also be able to retain business rate growth to reinvest locally. The government is expected to announce which areas have been successful later this year.

Posted 08/02/2021 14:44

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