Chinese contractors will infiltrate the UK market as the government prepares to allow increased investment in UK infrastructure, a leading consultant based in China said this week.
Atkins: Contractors will follow investment
Atkins managing director of China, Samson Sin, told NCE that it was very likely that investments made by the Chinese in the UK would lead to Chinese contractors bidding for resulting work.
Chancellor George Osborne recently brokered a deal with the Chinese government to make it easier for investors to put money into the UK infrastructure market.
The Treasury confirmed that projects of interest to the investors are the Olympic regeneration programme and the Atlantic Array offshore wind farm.
“I think that with Chinese investment, Chinese contractors will follow,” said Sin.
He added that past deals with Chinese contractors also meant using Chinese supplies and materials.
“Ultimately with foreign investment, if they are building a metro for example, they will sell you the metro system with rolling stock that is manufactured in China.”
The Civil Engineering Contractors Association acknowledged the threat, but it said that UK contractors could provide good value for money and warned against damaging the local supply chain.