Freeports: Private Sector
The question
To ask the Secretary of State for Housing, Communities and Local Government, what proportion of public assets in freeports has been acquired by private (a) companies and (b) corporations.
Answered by Alex Norris
While the Department oversees the Freeports Programme, it does not collect data on the ownership of individual assets within Freeport areas. However, the vast majority of Freeport sites were in private ownership at the point of designation, reflecting the Programme’s aim to stimulate private investment and create jobs in parts of the country that see too little of it.
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