This morning the UK Government gave formal approval to main civils contractors to begin the construction phase of the HS2 project. In these uncertain times this is a major boost to the construction sector, securing and creating thousands of jobs.
Morson Group CEO, Ged Mason, gives his insight into what this means for jobs, businesses and the economy.
Ged Mason, CEO of the Morson Group, said:
The Government’s formal approval to begin the detailed design and construction phase of HS2 comes at a momentous time for both the infrastructure sector and the UK economy.
Whilst the obvious priority of the UK and other countries around the globe is to tackle the COVID-19 outbreak, we agree with HS2 minister, Andrew Stephenson, that the project cannot grind to a halt when it will be crucial in adding billions of pounds to the economy and creating thousands, if not millions, of new jobs.
With so much uncertainty currently facing UK labour markets, this announcement provides a much-needed confidence boost to the construction workers and supply chain businesses, like ourselves, which will work together to make HS2 a reality.
The economic development and prosperity that follows a major infrastructure project like this is significant, and as the UK works over the weeks and months ahead to repair and rebuild a somewhat fractured economy, it’s positive to see the Government remain committed to its investment promises and infrastructure priorities and press forward during the country’s time of need.
The project plays a vital role, not just in providing employment opportunities to those already in construction and engineering, but by nurturing the next generation of talent and supporting those looking to transition into new employment opportunities with transferable skillsets. Some 2,000 apprenticeships will be created during the lifetime of the project, with HS2 proving a catalyst to inspire and attract new talent, plug skills gaps and slow down the sector’s rising age profile.
As a group, we are poised, ready to attract, upskill and deploy the white- and blue-collar talent needed to deliver HS2; supporting the labour demands and needs of our supply chain partners whilst securing rewarding careers for workers.”