Wednesday, May 28, 2025

£3.6bn worth of Lincolnshire projects promoted to investors

Greater Lincolnshire is pitching a £3.6 billion portfolio of investable projects to national and international stakeholders, with regional leaders positioning the area as a critical hub for UK infrastructure, technology, and energy. At this year’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds, the newly formed Greater Lincolnshire Combined County Authority outlined 17 live investment opportunities spanning sectors from AI and advanced logistics to renewable energy and regeneration.

Among the standout developments is a planned AI Growth Zone in North Lincolnshire. The zone proposes over 1,300 hectares of developable land across four sites, offering significant processing capacity and space for data infrastructure. Strategic locations include land around the Scunthorpe steelworks and the Elsham Wolds Industrial Estate.

Port-related development is also gaining traction. The Pioneer Business Park, recently acquired by ABP, is being shaped into a new logistics corridor closely tied to the Port of Immingham activity. Meanwhile, a major regeneration scheme at Grimsby Docks could transform the historic Ice Factory into a mixed-use precinct anchored by a new hotel and venue space. In addition, Humber Freeport continues to be marketed as a strategic asset for offshore wind and heavy industry, with tax incentives covering hundreds of hectares of land and deep-water access.

The Greater Lincolnshire delegation used its platform to reinforce its push for more devolved powers and funding. The new mayoral administration is working to unlock national support to fast-track infrastructure delivery, increase private-sector engagement, and elevate the county’s role in national supply chains. The pitch signals a broader ambition to position Lincolnshire as a recipient of investment and a driver of innovation and productivity for UK plc.

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