£30m For Port Infrastructure Upgrades Post-Brexit

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Burflex House, Clay Street, Hull, East Yorkshire, HU8 8HA E. info@burflex.co.uk

£30m For Port Infrastructure Upgrades Post-Brexit

£30m For Port Infrastructure Upgrades Post-Brexit

The government has announced that it will be providing £30 million in funding to upgrade the UK’s port infrastructure, road and rail links, with the move being made to ensure that trade continues flowing smoothly after Brexit happens on October 31st.

The Department for Transport is now calling on ports all over England to put in their bids for a share of £10 million, a part of the Port Infrastructure Resilience and Connectivity competition to help deliver upgrades that will maintain trade flow and enhance capacity.

A further £5 million is being provided to four key local resilience forums in areas with key freight ports to help them build infrastructure improvements to minimise the chances of traffic disruption at the border.

Grant Shapps, transport secretary, made the announcement, saying: “We are leaving the EU on 31st October and we will be prepared, whatever the circumstances.

“As the UK continues to develop as an outward-facing global trading nation ready for a post-Brexit world, the resilience of our trading hubs is more critical than ever before. This £30 million investment supports our ports in their work to boost capacity and efficiency, ensuring they’re ready for Brexit and a successful future.”

According to the Hull Daily Mail, Hull and East Riding councils have been awarded £300,000 to help them prepare for potential congestion issues at Hull’s port come November, with the funding to be split equally between the two local authorities.

Local government secretary Robert Jenrick explained that local government has an essential role to play in making sure the country is completely ready to leave the EU come the end of October, with £9 million in additional funding released to help local areas prepare for Brexit, whether we leave with a deal or not.

Funding for councils in the Humber region is lower than elsewhere, such as Kent which received more than £2.6 million for being home to numerous significant ports such as Dover and Ashford, but it’s thought that Hull-based ports could see a rise in freight traffic post-Brexit, as operators look to avoid congestion at ports near the Channel.

At the start of August, international trade secretary Liz Truss announced that freeports will be set up after the UK has left the EU to boost growth and make sure that towns and cities around the country can take advantage of Brexit trade opportunities.

Up to ten of these freeports will be created after October 31st, with further details on how sites will be able to bid for this status expected to be announced soon.

Freeports themselves are hubs for business and enterprise for the services and manufacturing trade, potentially free of unnecessary checks and paperwork, as well as including customs and tax benefits.

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