Freeport East includes areas with significant income and employment deprivation including the single most deprived neighbourhood in the country. Not only will Freeport East help tackle local deprivation but, as it connects businesses across the UK to the rest of the world, it has a major role to play helping address deprivation nationally.
Freeport East will be a major tool in helping the sub-regional and regional economy recover from the pandemic and drive regeneration in the area. By providing high skilled, high paying jobs within the green energy sector, and building on the already well-established industries situated in and around the port, Freeport East will be key to levelling up an often overlooked area.
Beyond this, Freeport East will also contribute to the levelling up of the entire UK, particularly the Midlands Engine and the Northern Powerhouse. The port connects business across these regions to the rest of the world, with a majority of all containers passing through the port, serving the Midlands Engine and Northern Powerhouse. Freeport East will also allow businesses located in these regions to expand, in turn creating more high-paid, high skills jobs in regions across the UK.