The Railway Magazine

East Midlands Freeport incentives

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INCENTIVES are to be offered for businesses investing in parts of the East Midlands Freeport area.

The Freeport includes the East Midlands Intermodal Park, a Strategic Rail Freight Interchang­e planned for a site close to the Toyota car manufactur­ing plant at Burnaston near Derby, as well as East Midlands Airport and Gateway Industrial Cluster and the Ratcliffe-on-Soar Power Station Redevelopm­ent Site.

Relief on Business Rates, Stamp Duty Land Tax, Employer National Insurance Contributi­ons, Enhanced Building Allowance and Enhanced Capital Allowances are among the benefits companies could be eligible for.

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