Building consultancy Atkins has announced the launch of a new advisory business, Atkins Acuity, which will advise on the structuring, financing and preparation of large-scale projects.
The UK-based firm said that Atkins Acuity will initially be launched in the Middle East, Africa and South East Asia, and already has mandates secured for work in Abu Dhabi, Saudi Arabia, Turkey, Sri Lanka, Kenya, Malawi and Tanzania.
It has set a target of achieving £200 million (Dh1bn) in revenue within the first five years, and has recruited staff from organisations including McKinsey, KPMG, the World Economic Forum and Standard Chartered Bank to achieve this.
Uwe Krueger, Atkins’ chief executive officer, said: “We believe governments, corporates and financial institutions alike are frustrated at bottle-necks in programmes and a lack of delivery – the Atkins Acuity service is designed to help change that.”
mfahy@thenational.ae
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