Two counties within M. Lambe Construction’s geographical region – Gloucestershire and South Gloucestershire – could form part of a new UK powerhouse and supercharge the local economy by £14bn per annum.
The Powerhouse for the West report examines the case for a joined-up cross border strategy between major cities and counties in the South West of England and South Wales, to maximise investment; skills and knowledge; transport connectivity and internationalism.
Stretching from Swindon to Swansea, and from Bristol north to Tewkesbury, the powerhouse in waiting is home to 4.4m people, ten universities, 156,000 businesses and seven cities.
Its economy, when compared to the Northern Powerhouse and Midlands Engine, is performing extremely well. GVA (Gross Value Added) per person (£24,428) is 10% higher than the other powerhouses, but at 2.2%, GVA growth is lower than the UK average (2012 to 2017).
Shinning the spotlight on the region through a single brand and channelling efforts into an aligned strategy, has the potential of increasing GVA to the UK average and boosting the economy by £14bn per annum.
As the Gloucestershire and South Gloucestershire counties grow and prosper, M. Lambe Construction will continue to invest in the Midlands, building the homes and infrastructure needed to sustain this growth.
We recently worked with Miller Homes to carry out civil engineering works for a new housing development at Mickleton, Chipping Campden. The project consisted of section 278 works, plot works for 120 new homes and the installation of estate roads and sewers.
We are also supporting McCarthy & Stone at St Ann Way, Gloucester Quays. Our team is undertaking groundworks for the construction of a retirement development for the over 60s.
So, if you’d like to work with a civil engineering and groundworks specialist, who will work with you in collaboration to deliver projects to the highest levels of quality, health and safety and environmental management, call us on 0121 554 2108 to talk with one of our experts.