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Turner & Townsend to increase overseas business

The first task for cost consultant Turner & Townsend’s (T&T) new UK managing director Steve McGuckin is to help increase the amount of work the business does overseas.

“We are a serious player in infrastructure programme management and most of the big projects in infrastructure are being built abroad. Currently we work regionally, but we want to think globally and offer all our servicesworldwide,” he said.

The former Land Securities director has been at T&T for a year and was promoted to UK MD two months ago.

T&T currently earns 45% of its annual £245.1M turnover overseas. The aim is to increase that over the next few years to around 60% while growing UK turnover at the same time, McGuckin said.

He will be looking to expand workload in front end management consultancy like risk management and back end operations and asset management. “At the moment three quarters of our workload is in the delivery phase of projects. I’d like that to be 50% with the other services making up the difference.

The UK infrastructure business is being restructured around sectors such as transport, utilities and natural resources rather than disciplines like cost management.

“And we will be adding modest acquisitions,” he said.

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