Highways PFI Career Opportunities Announced

This in from the council, in their own words. Ed

Road:The Isle of Wight Council and Ringway (working in partnership with VINCI Concessions on the PFI) have released more details about their initiative to provide university scholarships for Islanders undertaking a degree in civil engineering.

The scholarships are being made available as part of the contract under which Ringway undertake the Highways PFI – the largest engineering project ever undertaken on the Island.

Apprenticeships and scholarships
In particular they meet the wider aim of ensuring the contract maximises employment opportunities for Islanders – a number of apprenticeships will also be provided during the contract.

Under the scholarships, four students are being offered £1,500 a year each to help with the costs of attending university. In addition, the students will be offered paid employment during term breaks to gain further hands-on experience and income.

When they graduate from university, they will be encouraged to develop their careers on the Island Highways PFI contract and will also be given further support to help gain additional professional qualifications.

The scholarship is available to students who are currently Island residents and have an offer from a UK university to commence a degree course in civil engineering this year.

“Keen to maximise the economic benefits”
David Gibby, PFI project director from Ringway said: “The Highways PFI will bring the Island’s highways network up to an unprecedented standard but we have always been keen to maximise the economic benefits of such a massive project as well.

“Part of this has been about developing opportunities for local suppliers to draw work from the project in the hope that this will help them expand.

“But equally important is using this massive inward investment – £260 million in government grant – to help people onto the employment ladder. We are committed to doing that at all levels, through initiatives such as the scholarships and the apprenticeships.”

“Creating high quality job opportunities”
Councillor Edward Giles, cabinet member responsible for highways and transport, said: “We are delighted to play our part in creating high quality job opportunities for Island students.

“All too often we hear that Islanders who graduate from university cannot find work here to return to. It is pleasing that the PFI will enable four graduates to return from university as a qualified civil engineer so they can then forge a career on the Island.”

Image: Mike Baird under CC BY 2.0

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No.5
11, June 2012 1:40 pm

sigh!!! spin spin spin,,,waffle waffle waffle…that oldlie ‘grant’ again.

£260 million contract(+ Interest) and thay give 4 students £6k….well just shows how cheap we are and how easily bought

Ranjit
Reply to  No.5
11, June 2012 3:01 pm

Wow, do you think the 4 students will get £6k. Colour me synical if you will but I suspect they will be told its good work experience and given nothing.

John R
Reply to  No.5
11, June 2012 5:57 pm

We have to remember that all these scholarships will one way or another be paid for by us out of the PFI contract.

James P
11, June 2012 3:37 pm

R i g h t. Having lost the argument about value for money and mortgaging our tax payments until long after he has dropped off the twig, Cllr Giles now presents this as “creating high quality job opportunities”! Since it is only available to “students who are currently Island residents and have an offer from a UK university to commence a degree course in civil engineering this… Read more »

playingthenumbers
11, June 2012 4:13 pm

Quite, don’t be so cynical. The highest of the high-profile 500 or so new, additional to what we have already jobs promised by this scheme has just been announced. Only another 496 to go. Just because 4 jobs will be funded ultimately by the taxpayer, a bit like bankers I suppose, rather than the surplus arising from the net worth of their productivity is neither here nor… Read more »

James P
Reply to  playingthenumbers
11, June 2012 5:15 pm

“£9000 a year in tuition fees”

£7500/yr is so much more affordable, isn’t it? :-)

adrian nicholas
12, June 2012 10:01 am

some very good points and observations made, coming from another tack, it seems that whatever one’s views on the need for a roads investment programme (and despite the PFI model seems to be the most flawed model for achieving VFM unless long term bankrupty is seen as an option, rather akin to kicking the can down the road to ‘save’ the euro by prioritising liberalist elites bailouts… Read more »

playingthenumbers
12, June 2012 12:50 pm

Adrian, it doesn’t add up – it is just an expensive way for the council to do what it should be doing out of CT & the support funding it receives from central gov. A bit like buying one’s weekly shop on a credit card. However I fear the sun-dried tomato ciabatta we’re buying will come at the cost of the staples. That & EG’s admission that… Read more »

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