UK to Invest £1.1 Billion in Maritime Sector to Boost Jobs and Green Growth

The UK government announced plans on Monday to jointly invest more than £1.1 billion ($1.5 billion) with industry partners in the maritime sector. Officials said the initiative will create new jobs and drive growth in coastal communities across the country, with a particular focus on engineering, green technology, and construction.

The funding package includes £700 million in private investment earmarked for major UK ports, alongside £448 million in public funding to cut carbon emissions from shipping. According to the government, this represents one of the largest ever commitments to strengthening the nation’s maritime infrastructure while accelerating its transition to greener operations.

The announcement, set to be formally unveiled on September 15 at the start of London International Shipping Week, underscores the UK’s ambitions to reach net-zero emissions by 2050. “We’re committing almost half a billion to cut carbon emissions from shipping – steering us towards net zero by 2050,” UK Transport Minister Heidi Alexander said.

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