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Annual Report of ACS Group - Grupo ACS

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Internationalisation<br />

At an international level, as we have already seen, Iridium has projects in<br />

different countries which meet its requirements for investment. The North<br />

American market is one set as a priority for the <strong>ACS</strong> <strong>Group</strong>, where Iridium is<br />

present with <strong>of</strong>fices in 7 states in the United States and one delegation in<br />

Canada.<br />

USA<br />

The US Department <strong>of</strong> Transportation will continue to provide financial<br />

support to infrastructure projects carried out by the private sector and<br />

there are initiatives in the stimulus package framework aimed at improving<br />

these instruments. The American market will need promoters with great<br />

financial and technical capabilities and the <strong>ACS</strong> <strong>Group</strong> is positioned as a<br />

leader in public-private partnership projects with new construction, hence it<br />

finds itself in a privileged position to selectively tackle new opportunities<br />

and consolidate current projects. Furthermore, it is participating proactively<br />

in the identification <strong>of</strong> infrastructure projects and in the promotion <strong>of</strong><br />

appropriate legislation to permit the implementation <strong>of</strong> these contracts in<br />

those states where an adequate legal market still does not exist.<br />

Canada<br />

With a level <strong>of</strong> infrastructure inferior to the country’s economic level and<br />

with a great tradition for the promotion <strong>of</strong> concession projects, Canada<br />

presents itself as a country with great opportunities for these types <strong>of</strong><br />

contracts for public-private initiatives. Opportunities are anticipated in the<br />

short and medium term for transport, hospital and public facilities<br />

infrastructures. The most active provinces are Ontario, British Columbia,<br />

Alberta, New Brunswick and Quebec, which have been outstanding both due<br />

to the volume and complexity <strong>of</strong> their projects and for their earnest nature<br />

and fulfilment in carrying out their tender plans.<br />

In 2009,<br />

Iridium<br />

leader<br />

is again the<br />

<strong>of</strong> the ranking <strong>of</strong> the world’s main<br />

infrastructure concession groups.

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