News
Plymouth and South Devon Freeport – Accelerating Plymouth’s Waterfront Regeneration Levelling Up Fund
As part of the overall Plymouth and South Devon Freeport initiative £19.9 million from the government's Levelling Up Fund will be used to support skills provision in Plymouth, regeneration of the city’s waterfront and port infrastructure at Millbay, and construction...
Freeport signs MOU with Canada Marine Institute
Today, Plymouth and South Devon (PASD) Freeport as the governing body of Ocean Futures, announced the signing of a Memorandum of Understanding (MoU) with the Fisheries and Marine Institute (MI) of Memorial University of Newfoundland. This MoU signifies a commitment...
Unlocking Growth event – Tuesday 23rd April 2024
** Please note this event has now passed. If you'd like to be kept-up-date with future Plymouth and South Devon Freeport events please sign up to our newsletter - click here to subscribe ** Following the Government’s recent announcement that tax benefits for Freeports...
Babcock and Supacat launch production in PASD Freeport
The Babcock/Supacat partnership is a real illustration of how the Freeport offer can help support high quality jobs for the people of Plymouth, provide a canvas for innovative and technologically advanced facilities located in our tax sites, and with our defence...
Freeport tenant supports people back into work
Plymouth and South Devon Freeport tenant Babcock, in conjunction with the Department of Work and Pensions and Plymouth City Council, have developed a SWAP (skills-based work academy) programme to support people back into employment. Full release from Babcock: Babcock,...
Freeport’s first seed capital funded project gets underway
ABP launches the first phase of Millbay Docks transformation, marking inaugural project under the UK Government's Plymouth and South Devon Freeport Seed Capital Programme to get underway. Full press release from ABP: Associated British Ports (ABP), the UK’s largest...
Land deal to unlock jobs at key Freeport tax site
Plymouth City Council press release: A parcel of land at Sherford is to be acquired by South Hams District Council to help progress plans for a key Freeport tax site and unlock hundreds of jobs. A key local company is interested in developing a logistics facility on...
Funding for Langage Green Hydrogen Hub secured
Carlton Power (owners of Langage Energy Park), a leading developer of renewable energy projects, has announced that it has successfully secured funding for its Langage Green Hydrogen Hub, a major project that will play a key role in the development of the UK's...
Freeport tax relief window extension announced
The government has this week announced that it is extending the tax relief window by five years to September 2031 for businesses wishing to invest in the Plymouth and South Devon (PASD) Freeport. This extension will give businesses, investors and developers certainty...
Plymouth successfully secures nearly £20 million from Levelling Up fund
Plymouth City Council has been successful in securing nearly £20 million to transform Plymouth's infrastructure and economy as part of the overall Plymouth and South Devon Freeport initiative. The Department for Levelling Up, Housing and Communities' Levelling Up...