The UK’s export credit agency, UK Export Finance, today announces it is providing £130m in support for the construction of a new specialist burns hospital in Kilamba, Angola.

The deal between UKEF and the Angolan Ministry of Finance, supported by Standard Chartered Bank and Lloyds Bank, will bolster trade ties between the UK and Angola. The terms of the deal mean that 40% of the project will be fulfilled by UK suppliers – totalling over £50m in potential export opportunities for domestic businesses.

The contract has been awarded to ASGC UK Limited. They will be acting as the management contractor and will be responsible for securing the 40% of UK exports which will include building materials, electrical equipment and medical supplies.