Bechtel and UK Export Finance to Boost UK Industry
03 September 2017
The agreement furthers collaboration between Bechtel and UK Export Finance
Bechtel, a global leader in engineering, procurement, and construction, and UK Export Finance (UKEF), the UK’s export credit agency, will present business opportunities on upcoming civil nuclear, oil and gas, and infrastructure projects to interested UK suppliers at an exporter fair in Birmingham, UK. Building on the company’s 70-year history in the UK – delivering iconic infrastructure including The Channel Tunnel, HS1 and Crossrail – Bechtel is working with UKEF to support UK exports and will showcase high-value opportunities on projects across the globe. These include the 473km Kenya expressway – one of the largest infrastructure projects in East Africa, confirmed last month.
“This partnership with Bechtel underscores the competitiveness of UK industry, and the breadth of our supply chain across engineering and construction sectors,” said Rt Hon. Greg Hands MP, Minister for International Trade. “As an international economic department, the role of the Department for International Trade is to bring major export opportunities like the Kenya expressway to UK business, and I am delighted that we are continuing to do so through UK Export Finance.”
“Bechtel customers rely on the quality and competitiveness of projects we deliver,” said Mark Ashwin, Bechtel’s regional operations manager for the Oil, Gas and Chemicals business unit. “Our UK supply chain, supported by UKEF, is key as we continue to deliver on our promise to customers across the globe.”
The exporter fair will be held in Birmingham on September 28, hosted by the Energy Industries Council (EIC) and UKEF. The event will launch a partnership with UKEF and the UK Department for International Trade. It also builds on a Memorandum of Understanding between UKEF and Bechtel which sets out an ambition for UKEF and Bechtel to promote export opportunities on major projects to UK manufacturers and suppliers in the energy and infrastructure sectors, with a program of further exporter fair events. Interested companies can register for the fair at https://ditevents.wufoo.eu/forms/exporter-fair-opportunities-with-bechtel-and-ukef/
Bechtel has delivered for customers in the UK for 70 years, designing and building projects including refineries, power plants, rail systems, and communication networks and supporting national defense. To date, the company invested in over £1 billion of work in the country – more than £100 million of that in the last four years on oil and gas projects. Bechtel’s UK-based workforce has also supported gas development, refinery, and liquefied natural gas projects in Europe, Africa, and the Middle East.