What is a freeport? A freeport is a region of the country where special economic rules apply. It’s based around a seaport, or airport, but can extend over a large neighbouring area – up to 45km. It’s a form of SEZ (special economic zone) that allows businesses to manufacture, import and export within the UK border, but without the usual tax and customs restrictions. With the current freeport initiative, the Government aims to provide an economic boost as part of the nation’s post-COVID recovery, drive regeneration and “level up” the UK’s ports and historic industrial regions.