The Prime Minister of the United Kingdom, Theresa May, has visited Britain’s leading bus and coach manufacturer Alexander Dennis Limited (ADL) to announce export finance support for British businesses and to celebrate a major order which sees ADL deliver 90 low-emission double-deck buses to Mexico City.
This contract is supported by the Department for International Trade, whose UK Export Finance agency made a £44m finance deal available to ADL as part of a wider £1.7bn programme of support for UK companies in international markets.
Colin Robertson, ADL Chief Executive, welcomed the announcement: “We are privileged to have the Prime Minister here to announce Government support for exporting businesses like ADL. Our ability to offer finance from UK Export Finance in Mexican Pesos was a significant benefit to our buyer, helping us win this major contract.”
The order from Metrobús, first announced in October 2015, has been ADL’s biggest single deal from a single customer in a brand new market. The modern, comfortable high-capacity Enviro500 buses will ease road congestion and – thanks to low-emission engines meeting the most stringent emission standards – improve street level air quality on the Paseo de la Reforma boulevard in Mexico City.
Colin Robertson said: “Any contract of this size is important for us to win. It allows us to continue to invest in people, processes and products which will help us secure the jobs of our 2,100 team members in the UK and many more in the supply chain, as well as to continue to develop our international customer base.”