Teesside Freeport: Land
The question
To ask the Secretary of State for Science, Innovation and Technology, what assessment she has made of the value for money to the taxpayer of the arrangements between the South Tees Development Corporation and Teesworks Ltd in relation to the acquisition, remediation and onward sale of land at Teesside Freeport, including in the 222 acre site proposed for sale to Anthropic; and what estimate she has made of the cost to the public purse of preparing that site compared with the payment to be received from Teesworks Ltd.
Answered by Kanishka Narayan
The Government recognises the importance of securing value for money for taxpayers and is committed to making the UK a world leader in AI, attracting private investment, supporting growth and creating high-quality jobs.
Commercial arrangements relating to specific projects are for the relevant parties.
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