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Economic Development

HS2 minister Andrew Stephenson urges South West firms to 'get involved' in project

The route of the multi-billion-pound railway line will stretch from London to the North of England

How HS2 could look(Image: Birmingham Mail)

HS2 minister Andrew Stephenson is calling on businesses in the West Country to consider applying for contracts in the project's supply chain.

The MP said firms in the region were "well placed" to bid for work on the multi-billion-pound infrastructure project, which has seen costs rise a further £1.7bn due to the pandemic.

The official budget for the scheme is £98bn in 2019 prices, but last year the government-commissioned warned the final bill for HS2 could be as much as £106bn.

In February, a report found Businesses in the South West could benefit if the HS2 network was changed to an ‘x-shape’ to run through the whole region.

The study proposes changing existing ‘y-shaped’ plans for HS2, which seeks to cut journey times between London and the Midlands, Leeds and Manchester.

Greengauge 21, a not-for-profit organisation suggested the changes could be achieved by electrifying lines from Bromsgrove station, south of Birmingham, through Gloucestershire to Bristol Parkway and then on to South West stations such as Plymouth and Penzance.

Mr Stephenson is now planning to host a free online event to show South West SMEs how to register an interest in joining HS2’s supply chain.

The one-hour business webinar, on Wednesday (July 14) will include an opening address from the minister, as well as the opportunity to hear from local firms which are already working on the project.