Progress Rail – UK Export Finance Supplier Fair / Meet the Buyer  

Date/Time
Date(s) - January 30 2020
All Day

Location
One Great George Street



Through their UK-based rolling stock locations, Progress Rail is seeking additional support for locomotive overhaul, maintenance and engine work as they expand their portfolio in the Middle East.

This includes a recent $US 466.3m deal signed with Egyptian National Railways (ENR). The deal involves the supply of 50 EMD diesel locomotives, modernising 50 diesel locomotives from ENR’s existing fleet and overhauling another 41 locomotives. Progress Rail will also take over responsibility for the long-term maintenance of all 141 locomotives.

Specific components will be sourced from the UK, details of which can be found on the procurement list.

What you can expect at the event:

  • Technical and executive overview
  • Details of the procurement process for UK suppliers
  • Hear from Export Finance Managers on how UK Export Finance can help support you in your export journey
  • 1-2-1 meetings with representatives from Progress Rail

Why you should attend:

Strong opportunity to enter the supply chain for this project. A significant amount of UK supplies will be required as a condition of the UK government’s export finance support.

Build and consolidate relationships with procurement representatives from Progress Rail, whilst also meeting with other suppliers, officials from UK Export Finance and the Department for International Trade.

Support for entry into new markets: UK Export Finance’s support will mean the overall credit risk for the project will be equivalent to supplying a UK government project. UK government officials will be present to provide guidance on doing business in-market and to discuss further opportunities.

To attend please register here and note that acceptance is subject to review by the organisers.

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