Surrey-based engineering consultancy Atkins is expanding its services portfolio by launching a new end-to-end advisory business called 'Atkins Acuity'.

The business will advise clients on project finance and aims to support international finance institutions, governments, and large corporations.

It is targeting around £200 million of revenue by 2020/21 and will initially focus on the Middle East, South East Asia and Africa markets.

In addition, it has already secured work in numerous countries, including the development of flood and drought risk mitigation investment plans in Sri Lanka as well as helping to deliver sustainable energy proposals in east and southern Africa.

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Dominic Harvey, chief executive officer (CEO) of Atkins Acuity, said: "By combining our engineering heritage with this broader offering of skill sets, our aim is to ensure upfront that projects are technically sound, properly structured and bankable in the international market."

Atkins' CEO, Uwe Krueger, added: "Atkins Acuity is a direct response to our client's needs to deliver more rewarding and higher-value partnerships for infrastructure and energy investments. We believe Governments, corporates and financial institutions alike are frustrated at bottle-necks in programmes and a lack of delivery – the Atkins Acuity end-to-end advisory service is designed to help change that."

(LM/CD)