As part of its strategy, ‘Maritime 2050 – Navigating the Future’, launched in January 2019, the UK government outlined the creation of Port Economic Partnerships as one way of creating a strong business environment for ports to thrive.
The PEP is anticipated to better facilitate ports’ investment in new freight-handling facilities and other infrastructure needed to grow trading volumes. It will also focus on ensuring that public and private sector organisations work together to enable improved links with the UK’s global trading partners.