Posts tagged Olympic

Cridland calls for ‘industrial Olympics’ to boost growth and jobs

John Cridland, the CBI director-general, has urged the government to invest £1.5 billion into major infrastructure projects that will boost the economy and create new jobs.

The CBI says that the government should back the construction sector, by introducing measures including investment tax breaks, and business rate reductions.

Such measures will encourage further financial investments and pave the way for more employment opportunities in the trades.

But the CBI chief also called for a focus on projects such as the Thames Tideway “super sewer” tunnel in London and the Hinkley Point nuclear power station in Somerset to give the economy an ‘Olympic-style shot’ in the arm.

“We need an industrial Olympics, with big schemes which can make a real difference,” Mr Cridland told the Evening Standard.

And in the Guardian he is quoted as saying: “Kennedy said at the start of the 60s that America would put a man on the moon by the end of the decade and it did, even though sadly Kennedy was not around to see it. We need the sense that we are just going to do these projects.”

Mr Cridland highlighted the need for improvements in the UK’s rail and road networks that are vital for strong economy and future growth.

 

Queens Park development to create new jobs

Plans to deliver a £17 million multi-use leisure centre for Queens Park residents in London have been given the go-ahead by Westminster City Council.

The scheme, which has cross value of £60 million, will see the building of 120 new homes developed by Regen on two sites within 0.6 miles of each other.

The new sport centre will be located on the existing Moberly site will be developed at no cost to the taxpayer. It will be funded by a private developer, Willmott Dixon, in exchange for building residential properties on both sites.

The Council is expected to benefit from uplift in sales values of the homes during construction which will create new jobs and boost the trades industry.

This type of land arrangement is set to become more widespread as councils look for innovative funding methods from private sector developers to unlock value and increase funds to build new facilities.

Westminster councillor and a deputy cabinet member for sport and the Olympics, Steve Summers, said: “Few councils are in the position of being able to build multi-million new sports facilities in the current financial climate.

“But together with Willmott Dixon, we look forward to working on proposals which will create a £17m sports centre for residents of Queen’s Park together with a smaller sports facility at the Jubilee site. This will all be done at absolutely no cost to the taxpayer, so represents incredible value for money.”

The new leisure facility will have a 25-metre swimming pool, eight court sports hall, health and fitness facility, exercise studios, a health spa plus boxing and gymnastics halls.

Andrew Telfer, CEO at Regen, said: “I am delighted to be working with Westminster City Council on this exciting and ground-breaking scheme.

“With both current leisure centres in need of modernisation, this solution provides a bigger, state-of-the-art property for the local community offering high quality sporting facilities for many generations to come along with much needed quality new homes.”

Contractors to Benefit from Olympics’ Legislation

Building and Construction contractors will be able to take pride and promote their businesses for the good work they have done in building the Olympic venue for London 2012 the day after the closing ceremony of the Olympics, Sports Minister Hugh Robertson has confirmed.

Marketing and regulation rules imposed under the London Olympic Games and Paralympic Games Act 2006 prevents contractors from publicising their contribution in the construction of the Olympic venue until 13 August 2012, the day after the closing ceremony.

Currently, contractors are banned from mentioning their names in relation to the Olympics. This measure is considered to be designed to protect the official sponsors of the Games.

Tessa Jowell, a former Olympics minister, raised the issue in Parliament this week saying that it’s vital for British contractors to be able to advertise the good work they have done, this then would help Britain’s construction sector in the future.

Labour MP Jowell said: “Those businesses that have done so well and are rightly proud of their contribution to this year Games are too tightly bound by the marketing rights protocol which is preventing them from revealing the part they have played.”

What’s your reaction to the measures taken by the government to prevent contractors mentioning their names before the end of the Olympics? Share your thoughts by leaving a comment below:

 

 

Construction Industry Proud of Building the Olympic Venue for London 2012

The man in charge of building the Olympic venue for London 2012, John Armitt, has told Reuters News that this summer’s Olympics will be a great advertisement for Britain’s construction sector.

The Olympic venue was successfully completed both on time and within the £7 billion budget. This serves as an excellent stimulus for boosting British construction and as an example to building companies around the globe.

Armitt, who is a chairman of the Olympic Delivery Authority (ODA) and responsible for the Games infrastructure, believes the Olympic Park in East London will be a great showcase for courtiers around the world to look at the knowledge and the skills of Britain’s building engineering construction industry.

Talking about the legacy of British construction and pointing out the great achievements in the building sector, Mr Armitt said: “British contractors and consultants have been delivering infrastructure around the world for the past 200 years.”

“What this enables them to do is reinforce those credentials in the overseas markets. The Olympics is an opportunity for us to build our self-confidence as a country.”- added Mr Armitt.

What is your opinion on the successful completion of the Olympic Park for London 2012? Do you think it will help British construction businesses to get work abroad? Share your thoughts by leaving a comment below:  

 

Building Work for London 2012 Olympic Games Complete on Time

Building and Construction work for the London 2012 Olympic and Paralympic Games has been completed on time and within budget – chief executive of the Olympic Delivery Authority (ODA), Dennis Hone, told Sky News.

Building the stage for the London 2012 Game has given people in the building industry across the UK unprecedented access to new jobs and career opportunities.  Building work towards completion of the Olympic Park, in the heart of East London, has helped thousands of people in the building engineering sector to get employed and improve their current skills.

Mr Hone said: “We are in fine form ahead of the Games, having built the venues and main infrastructure on time and within budget.”

Even though building work has been officially completed and the venues handed over to organisers, there is still a lot post-building work to be done. All the sports equipment plus timing and scoring equipment as well as other temporary features are to be installed in the next month in the run up to the Olympics.

The building of a 100,000 sq ft of retail space for the Games including a 40,000 sq ft London 2012 mega store will be built before 16th July, the peak day for Olympic athlete arrival.

In addition to the existing facilities, another 11 areas sponsor showcase will be built, 362 toilet blocks, and 165 concession stands will be installed.

More than 1,000 picnic benches, installing ticket box offices, information booths and programme sale points, plus 4,000 waste bins will be installed in the next couple of months.

Heathrow Airport has announced today that it is planning to build a new terminal for the London Olympic Games. The newly built Olympic terminal will ease the high volume of extra passengers expecting to arrive for London 2012.

Building work at London Heathrow will create new jobs, transport networks and regenerate 6th runway in Heathrow Airport, which expects nearly 50% more passengers arriving on July 26, the day before the opening ceremony.

Do you welcome the new proposals for building a temporary Olympics terminal on Heathrow Airport? Do you think that it could be a new opportunity for you or your business after the official completing of Building Work for London 2012 Olympic Games? Share your thoughts with us by leaving a comment below:

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