May 17, 2007

Don't Expect a boom from the Olympics

Writing about web page http://observer.guardian.co.uk/uk_news/story/0,,2078508,00.html

Don't Expect a boom from the Olympics : £30 Billion not enough then? 

I see that there is some sceptism about the impact of the London 2012 Olympic and Paralympic Games. Assurances that the London Olympics in 2012 will create a boom in jobs, tourism and sports participation are unlikely to be fulfilled, warns a report commissioned by the capital's political leaders.

And this follows the revelations about the ever increasing costs of the games.

Well, I have been working on a project to help West Midlands companies get a slice of the action. When you look at the business opportunities arising from The Games and the related regeneration and legacy projects, you get a massive £30,000,000,000. 

This isn't restricted to the large Tier 1 companies. There will be a multitude of hierarchical tiers of sub-contractors, and groups of companies collaborating in consortia - imagine a very large wedding cake with a 8 or 9 layers, and each layer is made up of many smaller cakes! I have heard estimates that 800,000 contracts will be let.

Take a look at www.readyforbusiness-wm-london2012.comto see how we are helping firms find opportunities using our free service. By the way, if you are wondering about the long url, its to avoid infringement of Games Marks! Other opportunities can be found at www.wmccm.co.uk


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