Wednesday, November 2, 2011

News: Opportunities for local firms in the rail sector


Industry specialists from the rail sector will be presenting at the Yorkshire Gold Business Club event in Sheffield this week.

The event on November 3 will include an insight from UK Trade & Investment into the latest global rail infrastructure opportunities as well as hearing from the procurement team at Crossrail and BAM Nuttall, a tier 1 contractor working on the project, about how to engage with the supply chain.

Crossrail is the new high frequency, convenient and accessible railway for London and the South East. The project is currently the largest construction and civil engineering project in Europe with a combined spend of £15 billion. There are a large number and variety of opportunities for suppliers of all sizes.

Some 150 delegates from across the region will hear details of the opportunities the rail sector holds for companies. Yorkshire Gold Business Club want to ensure local companies get a slice of the pie and play a part in creating this new world-class railway and many more.

The event, entitled "Rail: The Business Opportunities", is being staged at Electric Works and will be opened by Emma Tiernan, Manager of the Yorkshire Gold Business Club who have organised the event in partnership with UK Trade & Investment.

In the afternoon, the event will continue with a number of presentations from UK Trade & Investment around the global infrastructure opportunities with a focus on North America.

Many of the opportunities within the Crossrail supply chain will be advertised on CompeteFor , the dedicated site to major contract opportunities. Once businesses have published their CompeteFor profile, they will automatically receive email alerts for appropriate tender opportunities.

Emma Tiernan, Manager for the Yorkshire Gold Business Club said: "Our aim is to make businesses in the region more aware of the wealth of opportunities the rail sector holds for companies in the region. The Yorkshire Gold Business Club is calling all local construction and civil engineering companies to attend the event and find out how hey can capitalise on this major project.

"The skill base in Yorkshire is second to none and firms are perfectly placed to deliver this project."

Eric Holland, International Trade Adviser of UKTI, added: "Countries worldwide are investing in railways; in high speed rail, heavy rail, metros and light rail systems. UK Trade & Investment has identified significant opportunities in the rail sector around the world and has a dedicated team to assist SMEs access these projects.

"Yorkshire companies will learn more about the support available across the sector."

Yorkshire Gold website


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