Freeports and Special Economic Zones: Job Creation
The question
To ask the Secretary of State for Housing, Communities and Local Government, what the target number of jobs was for UK (a) freeports and (b) special economic zones; and how many jobs UK (i) freeports and (ii) special economic zones have delivered to date.
Answered by Alex Norris
As policies developed in partnership with local partners, MHCLG has not set specific targets for job creation in Freeports, nor in Investment Zones, its other major economic zone policy.
However, Freeports have set out the economic impacts they expect to deliver through business cases, available on Freeports’ websites once approved by government. MHCLG-commissioned analysis projects that the 8 English Freeports alone will directly create 60,000 additional jobs and will support another 42,000 jobs across the supply chain. Local partners expect that Investment Zones across the UK will create over 90,000 jobs over the life cycle of the programme.
The Department will track job creation by Freeports and Investment Zones, as a key indicator of their economic impact. To date, Freeports have attracted £6.4 billion in private investment, which is expected to create at least 7,200 jobs.
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