Gosport's HMS Daedalus site to become an Enterprise Zone
The Government has announced that the former HMS Daedalus site near Gosport, is to become the first Enterprise Zone in the South. The site was recently earmarked for marine, aviation and aerospace use in the Local Plan.
Enterprise Zone designation will mean that the site will benefit from business rate discounts, simplified planning rules and investment in the site’s infrastructure, in an effort to encourage businesses in and bring thousands of jobs to the area.
Sean Woodward, who helped form the Solent Local Enterprise Partnership and is also Fareham Borough Council leader, said: 'There are some significant financial breaks for businesses that move on to the site that means there is the potential for a full rebate of business rates for five years while they get established up to the value of about £250,000 a year.
The other financial bonus is that the growth in business generated on the site will be able to be held locally. That growth will be used to invest in the infrastructure for the site.'
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