Construction at Hinkley Point C will boost the South-west construction market by £500m over the next two years, according to data shared exclusively with Construction News. Forecaster Hewes & Associates predicts that work at Hinkley will add between £400m and £500m to industry activity in the region during 2017 and 2018. Bouygues Travaux Publics and Laing O’Rourke this month signed the multi-billion-pound contracts to build the facilities that will house Hinkley Point C’s two EPR nuclear reactors. Works at the Somerset site will help the South-west to become the UK’s fastest-growing region in terms of construction activity in 2018, with output set to grow by 2 per cent in 2017 and 1.3 per cent in 2018, according to the forecasts. This means the South-west will make up 7.4 per cent of the UK’s total construction output by 2018 – up from 6.9 per cent in 2016.
Construction News 17th Jan 2017 read more »