- Tuesday, April 16, 2024
By: Radhakrishna N S
CLEVELAND Bridge, a bridge-building and structural engineering company in the UK, has won a construction contract in Sri Lanka.
The UK Export Finance (UKEF) will provide £49 million worth of support to help the Darlington-based company build 250 bridges in the South Asian country, bringing rural communities closer.
This project has been designed to accelerate Sri Lanka’s development through improvements in its rural transport infrastructure, the UK Export Finance said.
Families and businesses will benefit directly.
The bridges will reduce the distance people need to travel to reach essential services such as healthcare and education, and bring rural communities closer by cutting transport costs.
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.”
The British firm designs its modular bridges in the UK, and they are easily assembled to meet the specific needs of each project.
It has designed and built a number of iconic landmarks, including the Sydney Harbour Bridge and Tyne Bridge.
