The UK’s infrastructure sector is back on the map, thanks to two of the largest projects the country has ever seen.
Recently we’ve endured a post Olympic hangover, but Hinkley Point and HS2 are providing a reprieve of epic proportions. The construction industry has been whipped into a frenzy, the likes of which haven’t been seen since 2006.
HS2 will see commuters whisked from Manchester to London in just over an hour, freight and commuter traffic brought down to a manageable level, and two thirds of the population will be within two hours of London.
Critics of HS2 might say these are ‘nice to haves’, unlike the essential need for Hinkley Point, which will power over five million homes in the UK. It will also be the first new power station to be constructed in the UK for 20 years, which will reignite the UK’s nuclear industry.
There’s no doubt that there are significant costs attached to these projects. Hinkley Point will be the most expensive power station in the world and the plant with the longest construction period. HS2 will take 20 years to finish, many of us will be retired by the time it is complete.
Pound for pound, they are both hugely expensive, but just one of the benefits to our industry is the new generation of skilled construction and engineering graduates who will be lured by the prospect of working on some of Europe’s marquee projects.
If you were Chancellor for the day and could give the green light to just one of these projects, which would it be and why? Join the debate on our LinkedIn group and have your say. To learn more about Infrastructure & Built Environment recruitment, visit the IBE homepage.