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Fulfilling
our customers’ desires has been the key to our strategy
of targetted growth. At London Marylebone Station (pictured)
passengers have been keen to use facilities for locking
their bikes up on the platform which were added in response
to demand. |
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market
opportunity...
In
recent years, the
development and promotion of the Government’s
programme of Private Finance Initiative projects has
created many openings for qualified companies looking
to contribute to the regeneration of Britain’s
public sector accommodation portfolio. This has led
to considerable private sector investment in the construction
and management of schools, hospitals and – more
recently – police stations and training facilities.
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"
The Metropolitan
Police Authority’s Estate Strategy calls
for the modernisation of several London facilities
to help maintain their high standards of policing.
Finance for these projects is to be raised through
the PFI programme. Equion’s successful
bid for two PFI contracts is groundbreaking
on two counts. First, the police can vacate
part of the new facilities after ten years,
if they wish. Second, Equion’s trained
support staff will handle a variety of support
services, thus releasing more officers for front-line
duties.
Speaking in Newcastle
in January 2002, Prime Minister Tony Blair said:
‘Police officers spend far too much time
on paperwork which could be done by administrative
staff. One recent study found that police officers
were spending almost as much time in the station
as on the street. Neither the police nor the
public want that.’
Equion’s
initiative will move the Metropolitain police
closer towards overcoming this objection."
Richard
Weston
Managing Director, Equion
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strategic
response...
The
re-launch of Laing Hyder as
Equion plc signalled Laing Investments’ commitment
to maintaining its position as a leader in the PFI
sector. Equion’s expertise lies in investing
in, developing and managing teams of project companies.
The Company also has highly developed skills in facilities
management, particularly in the areas of administration,
catering, cleaning and other support services, which
can offer client organisations the opportunity to
release key personnel from non-core activities.
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| Copyright
© 2001 John Laing plc |
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Directors
OPERATING REVIEW:
Homes
• Innovation
• Customer Focus
Investments
• Targeted Growth
• Partnership
Property
• Market Focused
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Financial Review
Accounts Contents
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