Source · Select Committees · Business and Trade Committee
Recommendation 4
4
Publish quantitative impact assessments for freeports and investment zones on employment, investment, and trade.
Recommendation
To improve transparency and to facilitate accurate cost-benefit analyses of freeports and investment zones, the Government must publish quantitative assessments of the impact of freeports and investment zones on employment, investment and trade alongside the Freeports Annual Report (see paragraph 54). Those assessments should include a clear explanation of their underpinning methodologies and assumptions. To meet best practice, this would be in the form of an individual Impact Assessment for all (a) freeports and (b) investment zones separately. This echoes the recommendation made by the International Trade Committee in 2021. (Paragraph 27) Delivery