Over £250,000 in Government grants will be used to jump-start the expansion of three defence and marine autonomy investment sites in Plymouth.
As the accountable body for the Plymouth and South Devon Freeport, Plymouth City Council will allocate the money to speed up planning work needed to unlock major investment at Langage, Sherford and Turnchapel.
The Freeport programme has generated strong demand for additional industrial and waterside space, with firms seeking to test, trial and deploy in Plymouth and across the wider Freeport area.
The intention is to accelerate investment across all three locations, enabling much-needed site expansion.
The funding allocation has been approved by Councillor Tudor Evans, Leader of Plymouth City Council, who said: "The is huge pent-up potential for further growth in defence and marine autonomy industries in Plymouth and the Freeport is key to helping unlock this potential. We all need to operate at pace to grab these big opportunities. This Government grant funding will help speed up the process for unlocking these three key sites, which will secure private sector match funding and ongoing economic growth and job creation at these sites."
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