THAMES FREEPORT: A NEW LOW CARBON HIGHWAY

Tax benefits of locating at Freeports

Businesses looking to expand or restore their operations are urged to take advantage of the tax benefits of locating at the Freeport and being part of a customs zone, which makes it easier and cheaper to move goods into and out of the country. A highly efficient trade facilitation platform to alleviate non-tariff barriers, alongside delivering major cash flows benefits connected with VAT and import duty.

Investment, jobs and greener technology

Over the coming months, the Freeport partnership will progress this programme of work to create a development ready platform to drive new investment, jobs, skills and the adoption of greener technology. Helping our customers to grow faster – through infrastructure investment, coupled with improved customs procedures, we will lower the cost of trade and transport, enabling the competitiveness, productivity and enhanced growth of existing and future businesses, following EU exit.

A wave of investment on an unprecedented scale – new inward investors will benefit from global connectivity to every continent; first-class onward road and rail connections and marine services; and skills development, innovation and automation services; alongside well-honed investment promotion and trade facilitation.

A new low carbon highway

A low-carbon highway – driven by the Port of London Authority’s ambitious 2040 net zero target, the Freeport will link sites along the Thames Estuary by river into the heart of the largest market in Europe via operational wharves. This will reshape urban logistics and reduce pollution. The Freeport will support innovative, net zero technologies through support for capital investment, skills development and regulatory flexibility. This includes the promotion of investments in clean energy generation, such as the hydrogen economy.

At DP World London Gateway we are continually working to reduce our carbon footprint. We have committed to certifying every new building on our Logistics Park. By using less carbon in construction across the Logistics Park and by reducing the amount of carbon we use in operations, we can make a vital contribution to facilitate trade in the greenest, most efficient ways.

This commitment extends outside the park in the local community, for example through our engagement with local schools. Community engagement, combined with real reductions in carbon emissions on site, can combat climate change, support biodiversity and contribute to the society that it serves.

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DP World in the UK is at the heart of Britain’s trading future, providing the right trading infrastructure and smart logistical solutions for our customers. We believe in the UK market and have the ambition and the resources to boost growth, support businesses, create jobs and improve living standards. We have created a high-quality integrated business – two deep water ports with freight rail terminals at London Gateway and Southampton, a rapidly expanding logistics park, and an advanced software business providing online links to customers and border control.