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£50 Million Construction Project to Boost the Building Sector

A new £50 million building scheme, close to already proposed Vauxhall Square Development worth £400 million in South West London, has attracted bids from major building contractors including Sir Robert McAlpine, Shepherd, Vinci and Watkins Jones, Construction Enquirer reported today.

Developer of the project, CLS Holdings, will build a new hotel and flats which will include 408-bed student accommodation, shopping units and a community centre.

Building construction work on the project is expected to begin this summer. The 180,000 sq. ft. mixed-use development scheme will encourage business investment in the area and boost the local economy, creating new jobs in the building construction industry.

Executive Chairman of CLS Holdings, Sten Mortstedt, said that the £50 million investment will offer great opportunities to meet the existing demand for student and hotel accommodation as well as improve the current infrastructure of the Vauxhall area.

Mr Mortstedt told Construction Enquirer: “These mixed-use proposals can provide substantial investment and regeneration into the Vauxhall area whilst meeting the significant demand for student accommodation and hotel rooms in central London.

“As a long-standing local Vauxhall based company, we are pleased to be able to work together with the Vauxhall Garden Community Centre to provide a brand new community centre facility within these plans.”


MP Mark Garnier: Training is Vital for Economic Prosperity in England

Member of Parliament (MP) Mark Garnier has been helping businesses across the West Midlands and his constituency of the Wyre Forest to bring more economic prosperity and create new jobs. The latest event, organised by MP Garnier, was held in Kidderminster last week. The Wyre Forest Jobs Fair helped hundreds of people attending to connect with potential employers and find a job. Mr Garnier, who entered politics because of his desire to contribute to peoples’ lives, explained that this event will make a significant difference to his constituency and boost economic growth.

Speaking at the event, Mr Garnier emphasised on the importance of having a skilful workforce that meets the demands and the expectations of private business investors. He described training as ‘vital’ for the future economic prosperity across Britain and its ability to compete with countries from the rest of the world, including Europe.

Mr Garnier said: “I think that the single most important thing we need to do is upskill the whole of our country. Our engineering legacy in this country is absolutely second to none. We have a fantastic legacy, but we have to recognise the fact that our competitors around the world are becoming to surpass us. Particularly in China, their engineering expertise is becoming far greater than ours which is a significant event in terms of our country’s development.”

Speaking about the manufacturing industry, which currently represents only 12% of country’s Gross Domestic Product, Mr Garnier said that there needs to be more training in order to equip people with the necessary skills and help the industry’s sustainable development.

He said: “Any successful economy will have a workforce that its training level meets the expectation of these private sector investors. Those private sector investors who are making the financial commitment, it is vital that when they make this financial commitment to their businesses, that the people who are employing are skilled enough in order to make that mix of capital skill work. ”

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