Free Zones

Ministry of Housing, Communities and Local Government written question – answered on 18th January 2021.

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Photo of Bridget Phillipson Bridget Phillipson Shadow Chief Secretary to the Treasury

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the funding being made available for freeports announced in the Spending Review 2020 CP 330: section 6.60, how much of the funding originally allocated to the Towns Fund will be allocated to capital spending on freeports in England.

Photo of Luke Hall Luke Hall Minister of State (Housing, Communities and Local Government)

Successful Freeports bidders will have the opportunity to access a share of £175 million of seed capital funding. Allocations are subject to the submission and quality of successful business cases, but will be partly funded through the Towns Fund.

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