Following the recent budget announcement, the Government has decided to back the bid for the Thames Freeport, in turn supporting Thames Enterprise Park, after the park joined the scheme in January, to add the 669 acres of the old oil refinery to the scheme and boost its regeneration potential.
When built, the park will be a new manufacturing, energy and logistics hub on the banks of the River Thames, and will incorporate clean and green fuel technologies, using primarily hydrogen building on its past as an oil refinery which served a significant part of London and the South East.
Following the announcement, Jonathan Whittingham, director of Thames Enterprise Park said: “The Chancellor has recognised the economic opportunity provided by the Thames Freeport to transform the Thames Estuary region. As part of the Thames Freeport, Thames Enterprise Park will provide valuable development land to maximise the regeneration benefits for the region.
We have an ambitious vision for a clean, green employment hub which will bring local jobs and investment to Thurrock, while supporting the Government’s net-zero goals. Freeport status will only help us go further in stimulating the economic, social and environmental benefits not only for the estuary region but also for the UK. We look forward to working with our Thames Freeport partners to reinforce the region as the UK’s strongest logistics cluster.”
When built, the park will be a new manufacturing, energy and logistics hub on the banks of the River Thames, and will incorporate clean and green fuel technologies, using primarily hydrogen building on its past as an oil refinery which served a significant part of London and the South East.
As a whole, the Thames Freeport is made up of Thames Enterprise Park, DP World London Gateway, Forth Ports at Port of Tilbury and Ford at Dagenham, and has a combined size od 1,700 acres of development land, and aims to supply more than 25,000 new jobs, invest £400 million into some of the most deprived areas.
Thames Enterprise Park is one of the largest regeneration projects in the UK and incorporating it into the Thames Freeport increases the freeport’s overall impact, as well as fitting into the Government’s overall freeport policy.
Photo source: Thurrock Council
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