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Hinkley Point C announcement is ‘another positive step’ towards boost for local economy

The confirmation of Chinese investment for the proposed Hinkley Point C development has been welcomed by the Somerset Chamber of Commerce, describing it as another positive step towards kick-starting the economic benefits that the project will provide.


Chris Langdon, who leads the Chamber’s Hinkley Supply Chain Team, said, 

“This latest announcement is another very positive step towards a Final Investment Decision for Hinkley Point C. Once we reach that point, the project will begin to generate a significant boost for the local and regional economy, creating a wealth of jobs, investment and other opportunities.
 
“Despite a short-term lull in activity on-site, the supply chain work has been ongoing behind the scenes with EDF Energy, Tier 1 contractors and suppliers to map and match capabilities with work package requirements.
 
“The Somerset Chamber and its Hinkley Supply Chain Team will continue to engage with the main contractor requirements so that valuable supply chain connections with Somerset and South West businesses can be made. Having worked in collaboration with EDF Energy and the regional supply chain over the last two years, we were delighted when five local supplier alliances were announced by EDF Energy as the preferred bidders for contracts worth over £225million. We can only promote the Somerset and South West businesses we know about, so for any businesses not yet registered who want to get involved in the project, we would strongly recommend they register on the Hinkley supply chain as soon as possible.”

Hinkley Point C is expected to boost the South West regional economy by hundreds of millions of pounds during the construction period, boosting business capability and productivity, improving skills levels in the workforce, and attracting high quality firms to the region.

 

The Somerset Chamber of Commerce manages the Hinkley supply chain portal and is the first point of contact for Somerset and South West businesses wishing to engage in the construction of the proposed nuclear new build project. Almost 3,000 businesses have registered their interest to date and any business wishing to find out more should visit www.hinkleysupplychain.co.uk

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