Categories: Hartlepool, News, PD Ports, TeesportPublished On: 08.03.2021251 words1.3 min read

Hartlepool named part of Teesside Freeport which will mark ‘rebirth’ of region and create ‘thousands of jobs’

The Mayor of Tees Valley says the announcement of a new freeport on Teesside marks the start of the region’s rebirth as an industrial powerhouse.

Ben Houchen reacted to Chancellor Rishi Sunak giving the green light to the creation of Teesside Freeport, which includes the Port of Hartlepool, with the Mayor predicting a ‘tsunami of jobs and investment’.

He submitted a bid to the Government in early 2019 for a freeport in the region which it’s said has the potential to bring 18,000 jobs in the next six years.

It received the backing of Hartlepool council chiefs with the bid also including Able Seaton Port and the Port of Hartlepool which is run by PD Ports along with its Teesport site.

Mayor Houchen said: “Future generations will look back on today and say this was the day Teesside, Darlington and Hartlepool was reborn as an industrial powerhouse.

“The Teesside Freeport marks the start of us returning to our rightful place on the world stage as a global player in advanced manufacturing and engineering.”

Mr Sunak said freeports will have simpler planning regulation, cheaper customs with favourable tariffs, VAT or duties, and tax breaks to encourage construction, private investment and job creation.

Mayor Houchen said investors from across the world will choose Teesside instead of instead of Germany or Holland creating thousands of well-paid jobs . . . .

. . . . continue reading the article on the Hartlepool Post website here