Solent Freeport invests £6.7m in six projects to improve transport and commercial infrastructure

Solent Freeport has put £6.7 million in seed capital towards six projects in the region.

It’s the latest tranche of awards from the £25 million in funding provided by the government to each of England’s eight freeports.

The aim is to address infrastructure gaps in freeport locations and create the right physical conditions to encourage private sector investment.

Projects funded by Solent Freeport are as follows…

• Investment in the Redbridge ward of Southampton to boost the number of containers transported by rail, build an HGV welfare facility, increase HGV lane capacity and create infrastructure for electric HGVs.
• Support for the development of the outline business case by Hampshire County Council for A326 improvements in the Totton and Dibden areas.
• Investment in works to facilitate commercial development at Dunsbury Park, an industrial and manufacturing business park at Havant.
• Funding enabling works at Marchwood Port, including demolition, earthworks, biodiversity net gain, Section 278 and highways, local highways improvements and main gate security and services.
• Construction of a freeports customs zone at Portsmouth International Port next to the border control point (BCP) building, along with demolition of the Sydenham building and an upgrade of the Rudmore Square junction to create a right-hand turn.
• Support towards the technical design and planning application for Navigator Quarter, a 112-acre tax site next to Southampton Airport which will provide research, manufacturing and industrial facilities.

Brian Johnson, chair of Solent Freeport, said: “National seed capital funding is vital to support proposals and developments which in turn bring further growth an investment into the region.

“Enhancing strategic infrastructure within the Solent Freeport area will enable key partner organisations to further optimise their operations and help boost our ongoing plans to deliver long-term economic prosperity.

“This funding announcement is another illustration of our ambitious plans to attract millions of pounds of inward investment and create thousands of jobs for the population of the wider Solent region.

Navigator Quarter is a planned 112-acre tax site next to Southampton Airport

“We take our role in approving this significant funding very seriously, as it’s public money we’re distributing.

“Business cases for the six latest projects have been thoroughly scrutinised and investigated to ensure they meet the eligibility criteria.”

Solent Freeport is one of eight areas of England created by government to boost investment into parts of the country that have historically missed out.

Land earmarked for tax sites includes the Navigator Quarter near Southampton Airport, a development site in Southampton’s Western Docks, the Dunsbury Park business campus just north of Portsmouth, and locations along Southampton Water and the Fawley Waterside.

The main customs sites are Solent Gateway on Southampton Water and Portsmouth International Port.

• solentfreeport.com