Context
The MP highlights the success of Teesside's first freeport in creating jobs and attracting investment.
Question
Many people are aware of the incredible story of the Redcar steelworks site being reborn as Teesworks, creating 20,000 jobs and unlocking £2 billion in private investment. Fewer people are aware that Stockton's very own freeport business park is being built at the airport. Does my right hon. Friend agree that Teesside, as the home of the UK's first and biggest freeport, offers a unique opportunity to those investing in the industries of the future?
Answer from Kemi Badenoch
I do agree, and my hon. Friend is quite right to praise the progress that has been made on delivering Teesside freeport. The freeport has already been successful in securing several landmark investments, including from SeAH Wind, which is investing £650 million in building an offshore wind manufacturing facility. That will create around 750 high-skilled jobs and builds on the measures announced in the autumn statement last week to further strengthen the offer of UK freeports.
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