DNV Global Solutions Countdown to the Glasgow Commonwealth Games 2014

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.

According to the official “Glasgow2014” website “85% of Glaswegians already believe the Games will have a positive impact on their city” Glasgow already has a tourist industry of approximately 2 million visitors each year and Glasgow 2014 will showcase the city to a global TV audience of 1.5 billion which can only be a good thing.  





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.