UK government gives green light to Thames Freeport
The UK government has approved Thames Freeport’s final business case, giving it the go ahead to formally constitute its board and start operating fully.
The freeport, which has 1,700 acres of development land, is an economic zone located in the Thames Estuary and the Port of London.
Formed as a partnership between Ford, Forth Ports Limited and DP World, it is hoped that Thames Freeport will see over £4.6bn (US$5.6bn) in new public and private investment.
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