Commonwealth Games to provide £1.5bn ‘Games Gift’ to the economy
The West Midlands will get a £1.5bn "Games Gift" from the 2022 Commonwealth Games, according to new analysis of the economic benefits of hosting the sporting event.
It will add 1.3% to the region's Gross Value Added (GVA) - a key measure of economic impact - plus a further £500m one-off benefit from construction projects now taking place.
The analysis by the former Treasury senior economist, Chris Walker on behalf of construction consultancy Mace has been published in a report, "A Golden Opportunity.
The construction projec... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...