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Exhibition Centre Liverpool Delivers Big Boost to Local Economy

The new Exhibition Centre Liverpool development could leave a long term skills and training legacy that will boost the prosperity of the city for years to come.

That is the opinion of site contractor ISG who have calculated that once the project is completed it could be worth £169 million to the regional economy. Research carried out by the company shows that not only will the development deliver a significant financial boost but it has also had a positive impact on regional subcontractors who have been involved on the site.

To date 2,600 skilled local site operatives have worked on the completion of the state-of-the art conference and exhibition venue which also includes the Pullman Hotel Complex.

ISG’s research shows that 76 percent of workers on the development reside within the North West and over 50 percent live in the Liverpool City Centre area itself.

The project commenced in early 2014 and ISG are beginning to get ready to hand over the site along with what they hope will be a positive legacy. Research conducted by the the UK Contractor’s Group showed a multiplier effect that is achieved through construction work. According to the research for each £1 spent on construction projects £2.84 in gained in economic activity with around 90 percent of this additional revenue staying in the local area.

 

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The company also increased the number of skilled apprentices taken on during the project and a total of 26 new employees have worked towards industry qualifications. A total of 58 NVQ's have been gained by the workforce during the build and many on site training opportunities have been organised for local people.

Leaving behind a positive impact on the local community is a major consideration for each ISG construction project and every opportunity is taken to inspire and train future generations of construction professionals.

As part of the initiative to interact with the local community and inspire young people ISG hosted 7 public tours of the Exhibition Centre Liverpool site during construction. The tours were part of the national Open Doors Weekend initiative and allowed students and young people the chance to take a peek behind the scenes of modern construction.

Danny Murray, ISG’s Northern regional managing director believes that the construction industry has a key role to play in driving regional prosperity. He said:

'Major projects such as the Exhibition Centre Liverpool, through their scale and programme duration, provide an excellent opportunity to define and implement a vision for real community legacy'

Mr Murray went on to to praise the ambition of project stakeholders at Exhibition Centre Liverpool who have achieved so much to directly benefit the region.

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