Consultant to partner with world鈥檚 largest railway company
Chancellor George Osborne has announced engineering consultant Mott MacDonald has launched a partnership with Chinese railway company China Rail Construction Corporation.
Speaking to investors at an event in Chengdu as part of a UK trade mission to China, Osborne announced staff from the Chinese company will be seconded to Mott MacDonald鈥檚 Manchester office to work on infrastructure opportunities in the north.
The China Rail Construction Corporation (CRCC) is the world鈥檚 second largest construction and engineering company by revenue, posting revenue of 拢61bn in its full-year results for 2014. Mott MacDonald is one of the world鈥檚 largest independent engineers and is chaired by Keith Howells (pictured).
The news comes after the chancellor unveiled his 鈥淣orthern Pitchbook鈥�, which sets out to investors the 拢24bn worth of opportunities that are available to invest in the Northern Powerhouse.
Among the projects in the pitchbook are infrastructure and regen schemes such as the Atlantic Gateway 鈥� a series of projects connecting the Port of Liverpool to the City of Manchester; and Science Central, a city-centre development in Newcastle.
Osborne said: 鈥淔rom Liverpool to Newcastle, we are opening up our doors to investment that will not only help us to grow and create jobs, but will allow us to build infrastructure to rival any region in the world.鈥�
Communities secretary Greg Clark said: 鈥淭oday鈥檚 Pitchbook sets out in black and white to Chinese investors over 拢24 billion worth of exciting investment opportunities, which together will deliver key infrastructure projects, help develop a highly skilled workforce and create thousands of jobs.鈥�
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