Tees Business Tees Business issue 19 | Page 79

The voice of business in the Tees region | 79 Message - PD Ports' Jerry Hopkinson says Tees Port is perfectly placed for Free Port status. “We have a skilled workforce and there is an appetite across the region to invigorate industry and see greater investment and development. All those elements combine to make a profound case.” have all those factors. Having a Free Port is a catalyst for what we want to do, not a silver bullet.” A 100-page White Paper commissioned by the Tees Valley mayor, Ben Houchen, calculated that a Teesside Free Port could give a £2bn shot in the arm to the UK economy and create up to 32,000 new jobs over 25 years. “There’s no sense telling the government it’s a great idea without understanding its impact on the economy,” says Jerry. “Both the TVCA and PD Ports recognised that we needed to evaluate the socio-economic benefit to the Tees Valley versus the loss of revenue to the Treasury, which is why this report was commissioned. “But I’d be bitterly disappointed if the government decided to bring in Free Ports but not on Teesside. Quite frankly, that just wouldn’t make sense.” Government support for Free Ports stepped up a level recently with the announcement to create a Free Ports Commission. The announcement was made by the secretary of state for international trade, Liz Truss, on her visit to Teesport in August. The commission will invite ports and airports across the country to bid to become one of up to ten Free Ports. Jerry welcomed this announcement, saying: “Free Port status could help to drive industry, which is globally moveable, to choose to move to the UK, and to locate here in our region.” Jerry criticised some press reports wrongly linking Free Ports with bypassing employment regulations and health and safety legislation or even encouraging crime. “We’re not looking at moving industry that’s already operating successfully elsewhere in the UK into the Free Port area either – that wouldn’t achieve anything,” he added. “But where an international manufacturer is looking at setting up a new centre and the UK could be considered, we want to promote Teesside. It has to be focused on manufacturing – that’s where the real benefit lies.” Jerry will be representing PD Ports on a panel to discuss Free Ports in September as PD Ports hosts an event at London International Shipping Week. To find out more, visit pdports.co.uk.