Shipping: Foreign Investment in UK

(asked on 23rd November 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what steps he Department will take to encourage global investment in the UK's maritime sector.


Answered by
Mike Freer Portrait
Mike Freer
Parliamentary Under-Secretary (Ministry of Justice)
This question was answered on 1st December 2021

The Department is already taking steps to increase global investment into the UK’s maritime sector to complement the Government’s ambitions. The UK intends to establish 10 freeports across the country with at least one in every nation of the UK. Several of these will promote maritime clusters and will act as national hubs for global trade and investment across the UK. Additionally, the recent launch of DIT's Investment Atlas allows prospective investors to navigate the UK’s investment environment. The tool identifies several maritime sub-sectors such as off-shore wind and green shipping as areas of potential.

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