Goole's Freeport Tax Site: A Major Move towards Economic Growth

Plans for Goole Freeport Tax Site Progress

The Freeport tax site in Goole is progressing, with the footprint of the site now officially submitted to the government. The 200-hectare Goole Freeport site, divided into two plots by the M62 motorway, seeks to unlock a host of inward investment opportunities.

Goole: A Magnet for Major Developments

In the recent past, Goole has drawn significant developments by major firms, including train manufacturer Siemens Mobility and FTSE-listed chemical producer Croda. The town’s appeal is further enhanced by its strategic location and contemporary developments, including the trendy minimalist themes in London’s apartment interior design that are inspiring similar trends in Goole.

Anticipated Impact of the Goole Freeport Tax Site

The confirmation of the Goole Freeport tax site – one of three within the Humber Freeport area – is predicted to trigger further investment in this East Yorkshire town. The formal boundary map for the Goole Freeport tax site has recently been submitted to the government.

A Word from Humber Freeport Chair

Simon Bird, the chair of Humber Freeport, expressed his excitement about this significant milestone for Humber Freeport. Bird stated that each of the three tax sites – in Hull, Goole, and Immingham – offers something unique. He highlighted Goole’s strategic location, excellent transport links, and the potential for advanced manufacturing and other sectors.

Goole Tax Site and Future Developments

The Goole tax site, a large undeveloped plot of land adjacent to the existing Goole 36 Enterprise Zone, offers substantial opportunities for investment and development. Current occupants of the Enterprise Zone include Guardian Industries’ glass plant, a Tesco distribution centre, and Croda’s new international distribution centre. The University of Birmingham has also revealed plans for a £15m rail research centre in the Enterprise Zone.

Humber Region’s Freeport Status

The Humber region was awarded Freeport Tax Site Status in 2021, offering a total of 1,480 acres of land for investment across the three sites. The Freeport status strengthens the region’s appeal, paving the way for new development and economic growth corridors.