HS2 to create 25,000 construction jobs
As many as 25,000 jobs in construction could be created by the HS2 high-speed railway scheme, according to predictions from Government analysts.
Firms have already started bidding for work on the project, which could lead to the signing of some of the highest value contracts in the history of British construction.
Some 2,000 apprenticeships also look set to be made available as a result of the multi-billion pound programme, with a new National College for High Speed Rail to be opened with bases in Birmingham and Doncaster.
Work is scheduled to get under way in 2017 on phase one of HS2, which will run from London to Birmingham, and is estimated to be completed by 2026.
Building of the second phase, running in a V shape to Manchester and Leeds, will begin shortly after and could be ready by 2033.
Legislation that will allow HS2 to go ahead is now making its way through Parliament and is currently being scrutinised by the House of Lords’ Economic Affairs Committee.
According to a number of previous reports, many more building projects could follow the completion of HS2, boosting both the construction industry and the economy as a whole.
Research carried out by accountancy group EY found that HS2 could lead to a series of house-building initiatives, as well as a number of office developments, providing even more opportunities for construction staff.Several stations along the route will also undergo significant renovation, with London’s Euston station to receive six new platforms and an additional concourse.
Transport Secretary Robert Goodwill said: “We are starting the procurement process by preparing the contracts that will be signed as soon as the bill has passed – some of the largest-value contracts in UK construction history.
“Generating tens of thousands of opportunities, 60% of which we expect to be awarded to small and medium-sized businesses. We need everything from architects to aggregates, steel and surveyors, to engineers and environmental consultants.
“We estimate that HS2 will create 25,000 jobs during construction and 3,000 jobs when in operation.”