The LEP has been asked for its views as part of the ongoing Government review into the Humber Bridge and will meet officials from HM Treasury next month.
A report commissioned in 2008 by the four Humber local authorities found that abolishing tolls on the bridge would boost the region’s economy by £1bn over 25 years.
John Clugston, Chair of the Humber LEP, said:
“The Humber LEP believes that the outcome of the Humber Bridge Review should be a toll reduction which would support our plans for growing the Humber economy. Freeing up the movement of people and goods would help us to create jobs and growth, including on the Enterprise Zone which spans the Humber.
“The Bridge should be run in the interests of our local area, and we were pleased to see that both proposals envisage bringing in outside commercial expertise. The stability of the Bridge’s financial position and accountability to local people and businesses are also important issues that the Review must consider.
“The Board was encouraged by the creative thinking of the two proposals. We will look forward to discussing options in more detail with HM Treasury when we meet them next month.”