It's
officially one year today until the 2014 Glasgow Commonwealth Games.
With the news last week that the London Olympics boosted the UK
economy by £9.9 billion we were keen to find out what sort of impact
is predicted by Glasgow hosting the 2014 Commonwealth Games.
According to the office “Glasgow2014” website, business
opportunities worth more than £50 million are expected to be
generated over the next six months. From the construction to catering
sectors, businesses across Scotland are already feeling the benefits,
winning contracts resulting from the Games. Spending on construction
and refurbishment of Games venues and the Athletes’ village has
provided around 1,000 jobs per year. In the current economic climate
where unemployment is such a prominent problem in society, an event
which can provide employment opportunities on such a large scale is
always welcome.
It's
not only the job market which is being boosted by the games, Glasgow,
specifically the East End, is undergoing a major transformation. 64
hectares of derelict or contaminated land has been regenerated since
2009, with 1,500 new homes built and planned for a new community. 400
jobs for long-term unemployed have been committed through community
benefit clauses.
Here at DNV Global Solutions we await the games with great anticipation and excitement and hope there will be many Scottish athletes that create their own bit of history on home soil.