Atkins Acuity to target 拢200m turnover within five years
Atkins has launched a new consultancy and wants it to generate 拢200m turnover within five years.
The new advisory consultant business, called Atkins Acuity, will initially focus on the Middle East, South East Asia and Africa markets in Atkins鈥 core sectors of transport, energy and infrastructure.
It will provide structuring, financing and project preparation, along with its engineering and master planning services, and will target a range of clients including government institutions, civil authorities, international finance institutions, private investors, large corporations and funds.
Atkins has targeted an 鈥渁spirational goal鈥 for the new business to hit 拢200m in revenue 鈥渋n around a four to five year period鈥.
The firm has made new senior hires from McKinsey, KPMG, Arthur D Little, World Economic Forum, Standard Chartered Bank and the former executive director of the Philippines PPP Unit, to add 鈥渟tructuring and financing skills鈥 to its technical engineering expertise.
It said its new business has already secured work in Turkey, Sri Lanka, Malawi, Kenya, Tanzania, Saudi Arabia and United Arab Emirates, while in Sri Lanka it is advising on the development of flood and drought risk mitigation investment plans.
Commenting on the launch of the new business, Atkins chief executive Uwe Krueger (pictured) said: 鈥淲e believe governments, corporates and financial institutions alike are frustrated at bottle-necks in programmes and a lack of delivery 鈥 the Atkins Acuity end-to-end advisory service is designed to help change that.鈥
The new boss of Atkins Acuity, Dominic Harvey, said the consultant鈥檚 aim is to 鈥渆nsure upfront that projects are technically sound, properly structured and bankable in the international market.鈥
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