Over £11 million to be pumped into local Nottingham economy as result of NET Phase Two

Tramlink Nottingham – the consortium charged with constructing and operating the newly extended Nottingham Express Transit – have claimed that the local economy is going to benefit to the tune of £11 million as a result of the work. They claim that the project is creating an increasing number of business opportunities for local companies through a variety of sub-contracts.

Phil Hewitt, Tramlink’s Chief Executive, said: “We were only awarded the concession late in December but our design and construction partner, the Taylor Woodrow Alstom Joint Venture, has managed to let a number of contracts worth around £8million to firms in the city and neighbouring area. As a consortium overall, the value of the local contracts awarded so far is over £11million. Coupled with the job opportunities which have already been created – with more to follow -this has to be good news at a time when the economic climate remains challenging. In awarding the contract, Nottingham City Council set out a very clear objective that the project should bring benefits to local businesses and people and we’re determined to play our part.”

Cllr Jane Urquhart, Portfolio holder for Planning and Transportation at Nottingham City Council, added: “That’s why we were so keen to get this project going; to generate jobs
for local people and to support local businesses. We’re only five months into the construction process and already the local economy is benefiting. This is very good news indeed.”

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