Question
To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment his Department has made of the potential growth that may be generated by the establishment of Investment Zones in the UK.
This answer is the replacement for a previous holding answer.
Answered on
25 October 2022
The published guidance made clear, the government anticipates setting up a specific number of Investment Zones where it can be demonstrated they will have the greatest impact on growth and housing supply.
While the precise number is still to be determined, places were required to set out the potential economic impact of their proposals in the Expression of Interest. We are currently assessing those EOIs received and will be able to say more when this is complete.