Nuclear South West brings opportunities to the region
HotSW LEP is working hard to ensure that the catalyst of the first new nuclear build project in the UK for a generation at Hinkley Point C in Somerset, provides a lasting sustainable economic legacy for the HotSW area and beyond.
The construction at Hinkley is estimated to cost £18billion, with a significant proportion of that investment potentially being spent within the UK and the South West. The LEP is not funding any of this cost, and the area is set to benefit from the employment, skills and supply chain opportunities that Europe’s largest project will bring.
A partnership of Industry, acedemia, skills, business support and public sector stakeholders has been established under the banner: Nuclear South West – in order to secure the benefits of this investment to the local business & resident community, as well as maximising the benefits from the wider sector in terms of nuclear defence, civil and health.
Nuclear South West is capitalising on the South West’s unparalleled strength and potential in the global nuclear industry; and generating transformational economic benefits to the UK and regional business community.
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