Select committee: Business, Innovation, Science and Trade Committee
Recommendation 4
Fourth Report - Performance of investment zones and freeports in England
Published 26 Apr 2024
Paragraph 27
Addressed to Department for Business and Trade
Business, Innovation, Science and Trade Committee The performance of investment zones and freeports in England All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Recommendation (the committee's words)
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.
From: Business, Innovation, Science and Trade Committee, Fourth Report - Performance of investment zones and freeports in England (HC 272), paragraph 27, 26 April 2024
Government response
No government response linked yet: deadline 26 June 2024, 858 days ago.