A full business case for Plymouth’s tax-break freeport is due to be submitted to the Government in April explaining how it aims to create 3,500 jobs and pump £400m into the region’s economy.
The Plymouth and South Devon freeport is expected to provide thousands of direct jobs across Plymouth, Devon and the South Hams and see £100m invested in its first two years.
It is intended to bring forward land for development which might otherwise have taken years longer, welcome new businesses to the area and attract foreign direct investment opportunities.
