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Plymouth set for economic boost from £2bn Devonport Dockyard rebuild
As the business community gathered carefully and safely at the University of Plymouth in early December for the PMG Annual Christmas lecture, William Telford, Business Editor for Plymouth Live took the opportunity to do an interview with the evening’s Guest Speaker, Ruth Cairnie, Chair of Babcock International plc.
In his article, William covers the points explained by Ruth Cairnie, that while plans have already been outlined for a £1bn, five-year redevelopment at the yard, to allow the newest nuclear submarines to be refitted in Plymouth, Babcock has now confirmed that this is only the start of an even longer programme of work, which will see up to £2bn invested over a decade, making it the largest capital investment in the site for 40 years.
To watch Ruth Cairnie’s talk, please visit our YouTube Channel here: