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Nottingham economy boost

The construction project to expand Nottingham's tram network boosted the local economy by more than GBP100m, a major independent report published July 12 has revealed.

The report's authors say the way the project helped hundreds of local people to benefit from jobs and training and deliver positive local economic impacts is a model of best practice which should be adopted on other major infrastructure schemes such as HS2. The study, produced by Nottingham Business School, points to a raft of impressive results from the extension including job creation outputs, supply chain contracts and training opportunities.

The report concludes that the project:

The document revealed that the GBP570m NET Phase Two scheme enabled construction and civil engineering employment in the area to stabilise and it provided continuity in local employment during the aftermath of recession and in the run up to what is now a pipeline of local and regional construction projects. further detaqils can be found on the Nottingham Council website

Put date here 2016


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