Friday, October 02, 2020

The Port Infrastructure Fund

Today, the government opens the £200 million Port Infrastructure Fund for bids, so that Britain's ports can accelerate their preparations for our new relationship with the EU and the world.

  • With just three months until the end of the transition period, businesses need to prepare now for the new procedures that will come into place whether or not we reach a trade agreement with the EU.
     
  • That’s why the government has launched a £200 million Port Infrastructure Fund, opening today for bids, giving one-off grants to ports to build new border facilities. Britain will introduce border controls in three stages up until 1 July 2021, giving the industry extra time to make the necessary arrangements, as we work to create the world’s most effective and secure border.
     
  • This investment will help ensure that ports and businesses are ready to seize the significant opportunities that lie ahead.

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