The Glasgow bid architects said it was overlooked despite being the “strongest” and with the potential to create tens of thousands of new jobs
The UK Government has been told it should reconsider its decision to snub a Glasgow bid to be one of the country’s freeports to boost the economy and create jobs
The Prime Minister, Rishi Sunak, announced that Cromarty and Fort would be given the freeport status to give it tax incentives to attract investment The two beat other bids including a Glasgow Region bid involving the airport, Mossend Rail Freight terminal and the River Clyde.The bid architects said it was overlooked despite being the “strongest” and with the potential to create tens of thousands of new jobs and benefit disadvantaged communities in desperate need of investment.
The Glasgow City Region bid team set out plans to create tens of thousands of new jobs in areas with high levels of deprivation, with almost 40% of Scotland’s most deprived communities based within the proposed Clyde Green Freeport area. It claimed the proposals would attract £2.5 billion of capital investment, transform nearly 600 hectares of vacant and derelict land in key locations and provide an £18 billion uplift in Gross Value Added.
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