Cleveland Bridge of UK wins £ 49 m support to construct 250 modular bridges in Sri Lanka

Saturday, 9 February 2019 00:01 - - {{hitsCtrl.values.hits}}

The UK Government credit agency UK Export Finance is providing £49m worth of support for the global engineering company 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, a statement said.

Cleveland Bridge Commercial Consultant Don Underwood 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.”