Bids open for £200m port infrastructure fund

London, UK: The government has finally allocated £200m for ports to build new infrastructure – just eight weeks before the end of the transition period.

The fund is targeted at those ports that have the space to build new border infrastructure on their current sites so that they are ready to handle new customs requirements under the new Border Operating Model. The funding can be used for a range of vital port infrastructure – from warehouses and control posts to traffic management systems.

New infrastructure at ports will be needed whether or not the UK secures a negotiated agreement with the EU as we are leaving the Customs Union and Single Market and new procedures will be coming into place.

The deadline for applications is midday on 30 October, with successful bids announced shortly after.

Where infrastructure is not best situated at ports, the government has allocated an additional £270m to build inland customs check points.

Cabinet minister Michael Gove, said: “With just three months to go until the end of the UK 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, so that we can seize the significant opportunities that lie ahead.

“We have listened to businesses and the border industry and will continue to work with them to deliver not just a fully operational border at the end of the transition period, but also the world’s most effective and secure border within the next five years. The launch of this £200m fund will help us do just that.”

Secretary of State for Transport, Grant Shapps, said: “This investment will not only ensure our borders are fully operational at the end of the transition period, but will also support the UK’s fantastic businesses as they trade across Europe.”

Tim Morris of the UK Major Ports Group, the trade association for the UK’s largest port operators, said: “Time is short and it is vital that UK businesses prepare for new border arrangements. We will work urgently with the Government on the all-important detail and related regulations.”