Innovo’s capital projects team is expert in arranging export credit finance, supported by various export credit agencies (ECAs), for critical and social infrastructure projects in developing markets. Our role is to organise the finance to fund the project, structure the deal and act as an aggregator, bringing together all the necessary components of a project from design and engineering to construction and commissioning.
We work with the end client – usually a government department or related entity – to fully understand their needs and develop a solution that brings together all the required project components under a single financial package, supported by an ECA.
To facilitate the most appropriate solution for any given project, we can play several different roles, including being the main engineering, procurement, construction and financing (EPC+F) contractor, management contractor, consortium partner or consultant. We help clients to structure deals to meet not just their requirements, but those of all other key stakeholders, and play a critical role in securing the financing required from potential lenders.
We have been operating successfully in the Middle East and in Africa for many years. Our successes include securing one of the largest deals supported by UK Export Finance in sub-Saharan Africa for the design and construction of three hospitals for the Angolan Ministry of Health and the first ever project supported by UK Export Finance in Jordan for the construction of a major garment manufacturing complex.
We operate across all primary infrastructure sectors, including healthcare, education, hospitality and leisure, commercial, power, water, roads, airports, agriculture and industrial.
Sustainability
As we help to deliver projects across multiple sectors and geographies, we understand the importance of our environmental, social and economic responsibilities. We are committed to making a positive impact and we reflect this in our sustainability model which has been designed to influence successful engagement across all touch points, including our clients, delivery partners and shareholders. This is underpinned by our core policies, procedures and values.
Business ethics
We are committed to conducting business honestly and ethically. We take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in our business dealings and relationships everywhere we operate.
Benefits of securing an ECA loan
This type of finance typically provides for a repayment term of up to 10 years, with repayment commencing six months after the completion of the project, but this can be extended up to 18 years for projects in the renewables sector, which includes water. With the support of an ECA, the interest rate applied to the loan is highly competitive and, in some cases, can be fixed for the lifetime of the loan.
Description
Ultra-lavish waterfront hotel being designed and built by Innovo. The 5 star Marsa Al Arab Hotel will be constructed on a 21,389 square metres area and will boast a total of 483 rooms.
Location
Dubai, UAE
Client
Jumeirah/Dubai Holding
Two slender towers, 65 storeys and 54 storeys, comprising a luxury hotel and serviced apartments.
Emaar
A unique hotel concept by Accor comprising 434 rooms.
Dubai World Trade Centre
Hospital consisting of 200 beds with 297 parking spaces.
Luanda, Angola
Ministry of Health
Hospital with a capacity for 200 beds.
Angola
Specialist burns hospital with a capacity for 250 beds.
Paediatric hospital spanning over 11,000 sqm.