Cleveland Bridge wins £49m support for export order

Government credit agency UK Export Finance is providing £49m worth of support for Cleveland Bridge to construct 250 crossings in Sri Lanka.

The modular bridges will be designed and built in the UK then assembled across Sri Lanka to improve the country’s rural infrastructure.

Don Underwood, Commercial Consultant, Cleveland Bridge said: “We are delighted UKEF has chosen to support this project, and Cleveland Bridge’s continued growth.

“UKEF’s flexible support is hugely important for our international success, helping us build confidence with our overseas customers and access financing to deliver dynamic projects.”

International Trade Secretary Liam Fox said: “Cleveland Bridge demonstrates the value British design and engineering can bring to the world stage.

“Over the course of the last 100 years UK Export Finance has led the way in delivering innovative finance to help British companies achieve international success across a wide range of industries and countries.”

From http://www.constructionenquirer.com/2019/02/07/cleveland-bridge-wins-49m-support-for-export-order/

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Author: Ebenal Construction

Ebenal Construction is the process of constructing a building or infrastructure.Construction differs from manufacturing in that manufacturing typically involves mass production of similar items without a designated purchaser, while construction typically takes place on location for a known client.