June 29, 2012

The Olympic Venue is an Excellent Showcase for British Construction Industry

As London is about to host the 2012 Olympic Games next month, the UK’s construction sector could benefit from this summer’s excellent completion of the Olympic venue and one of the greatest showcases on the Earth to bid for major international project in the future.

The opening of the Olympic Games will signal to the world, and future host cities of sport events, Britain’s success in delivering seven billion pound worth of Olympic infrastructure on time and budget.

John Armitt, chairman of the Olympic Delivery Authority (ODA) explained the success of London 2012 will reinforce Britain’s building construction credentials in overseas markets.

Mr Armitt also commented that the Olympics is an opportunity to build Britain’s self-confidence as a country. British businesses and trade professional could benefit from major projects in some of the world fastest growing economy, including Qatar.

Over the next decade the Gulf state will develop US $140 billion worth of major projects in preparation for the 2022 FIFA World Cup. British companies will be able to benefit from these commercial opportunities and pursue the investment potential which their businesses need.

Scotland Makes a £2 Billion Investment to Improve Energy Efficiency

The Scottish Government is going to invest more than £2 billion in a new energy efficiency scheme that will insulate thousands of new homes across Scotland and create new jobs for people in the trades. 

The new investment will be delivered over the next ten years in a national programme that will transform aging houses, reduce heating costs and improve energy efficiency in Scottish homes.

Commenting on the £2 billion programme, Cabinet Secretary for Infrastructure and Capital Investment, Alex Neil explained it is essential to put such measures in place in order to improve the energy efficiency of homes across Scotland. He also emphasised the importance of the project for the creation of new jobs and future economic recovery.

Mr Neil said: “These strategies provide a great opportunity for Scottish businesses and can provide a real boost to our economy. Working with the energy companies, we plan to ensure investment of over £2 billion pounds is provided over the next ten years to ensure our housing stock is energy efficient.

“New technologies, which would bring down carbon emissions as well as household fuel bills, are key to energy efficient homes and a vital element in economic recovery.

“The drive to transform new-build through innovative design and construction approaches creates economic and export opportunities for Scottish companies, along with an opportunity to make greater use of Scottish timber in innovative products.”