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The Humber LEP has welcomed Wednesday’s budget announcement that the Humber is to house one of eight designated Freeport areas.

Read more from our Chair here:

Stephen Parnaby OBE, Chair of the Humber LEP, said: “We are delighted that both the Humber Freeport bid and Able UK’s bid for support to deliver the Able Marine Energy Park have been successful.  These are transformative opportunities for the region, drawing on the unique asset of the Humber Estuary and our special role in enabling clean growth.

“They have also been signature projects for the Humber LEP – in the case of Able we have been working closely with them for almost ten years, though highs and lows – so in our final month I am especially pleased that these important foundations will now be in place for the next chapter of our region’s growth.  The way the private sector came together to lead the development of a compelling Humber Freeport bid, backed by the LEPs and local authorities, was truly exemplary and I am sure it will now lead to some impressive results.”