Danish contractor firm, Burmeister & Wain Scandinavian Contractor (BWSC) says it is fearful of a Brexit vote on June 23.

BWSC Chief Executive, Anders Heine Jensen, said he is ‘crossing his fingers’ for the UK to vote to remain in the European Union.

Mr Jensen said that if Britain elects to leave the EU then it could mean that his company faces a significant reduction in business.

The firm operates, builds, develops and owns high performance diesel, biogas and biomass power plants and currently has eight UK based projects, including the recently built straw-fuelled Brigg Renewable Energy Plant in Lincolnshire.

A number of the UK’s largest construction firms are subsidiaries of companies from mainland Europe, such as Vinci, BAM, Bouygues, Amey (Ferrovial) and Skanska.

In the period from January 2015 to April 2016, the 10 largest construction companies in the UK with headquarters away from Britain won £7.3 billion worth of construction deals between them.

Michael Dall, an economist from the Barbour ABI construction intelligence company, said that these 10 firms already have well established arms in the UK, although the EU referendum could result in significant changes to the business environment.

He said that this may result in these multi-national firms considering their construction pipelines in the UK market in the future.

If the result is a Brexit, then he said that there may be potential consequences for these 10 firms, along with other construction companies based in the EU who work in Britain.

Mr Dall added that a ‘leave’ vote may also result in possible issues for big ticket projects in the UK such as HS2, as this scheme has received million pound bids from various EU based firms to work on the development.

However, BAM UK’s Chief Executive said earlier in the year that he does not anticipate his company to be affected in a negative way by a vote to leave the EU.