The Plymouth and South Devon freeport has appointed an interim chief executive to guide the public-private partnership project over the next six months.
Richard May, who is head of Oceansgate and marine investment for Plymouth City Council, will take up the role on August 1.
The Plymouth and South Devon Freeport is one of only eight freeports planned for England by the government. Earlier in July, it received approval from Westminster for its outline business case, along with two of its proposed tax sites.