Following similar calls for the North West and West Midlands, HS2 Minister Andrew Stephenson has now called on businesses in the South East of England to bid for work on the major infrastructure project.
In an effort to help support small and medium sized businesses to register interest and successfully bid for contracts on HS2, HS2 Ltd will be running a specialist online event to offer valuable information.
Construction of the first phase of HS2, between Birmingham and London, is expected to generate around 400,000 contract opportunities during the length of the project.
As part of the economic recovery from the pandemic, the Government wants to see the majority of these contracts falling to British businesses. This can only happen if these UK-based businesses continue to capitalise on what is estimated to be around £25bn worth of opportunities expected to flow out into the wider supply chain over the coming years.
Already, HS2’s supply chain features over 2,000 businesses - of which 97% are UK-based.
In particular, the South East has been identified as a rich talent pool, with leading finance, professional services and ICT sectors.
HS2 Minister Andrew Stephenson said: “HS2 is at the heart of the Government’s commitments to build back better after the Covid-19 pandemic, level up communities and drive economic growth across the country.
“The vast majority of contracts on HS2 have gone to British businesses, so I’d encourage businesses to get involved and take the opportunities offered by this once in a generation investment in our country’s transport infrastructure.”
HS2 Ltd will be holding the 1-hour webinar on June 30, 2021 at 3pm. As well as an opening address from the HS2 Minister, there will be opportunities to hear from local firms already working on the project, sharing their personal experiences of how HS2 helped their own businesses grow, as well as tips and advice on how to stand out as a winning bidder.
HS2’s supply chain is keen to introduce and engage with businesses beyond just the traditional products and services associated with major infrastructure projects, with a vast range of opportunities on the project which stretch beyond these.
Robin Lapish, HS2’s Supply Chain Manager, added: “HS2’s footprint across the region is huge and beyond presents a vast opportunity.
“In the current climate, local businesses are looking for confidence and assurance in the supply chain and a contract with HS2 provides that. My advice to small businesses is to invest an hour of your time - HS2 isn’t just about track and trains, and that’s exactly what this webinar will demonstrate.”