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*For further information, please<br />

see page 48.<br />

46 Annual Report 2009<br />

India and the Gulf states are among the primary growth<br />

markets in which we aim to develop our business. We<br />

were awarded new projects in both regions in 2009:<br />

Leighton Asia received a building construction contract<br />

in Chennai, India, while Leighton, HOCHTIEF Construction<br />

and HOCHTIEF ViCon were successful in Qatar.<br />

We are also stepping up our activities in existing markets<br />

where growth is expected.<br />

Expansion of product and service range<br />

A high level of technical competence and process expertise<br />

sets HOCHTIEF apart from its rivals. Our clients<br />

enjoy cost benefits thanks to the sustainable, end-to-end<br />

solutions we provide, and we aim to extend this competitive<br />

edge. We offer our clients innovative solutions<br />

and excellent quality. This sets a high standard in contrast<br />

to the market’s purely price-based competition<br />

and creates added value for our clients.<br />

We selectively apply our knowledge of complex and<br />

sophisticated processes in new business areas. For instance,<br />

we see excellent opportunities for leveraging<br />

our expertise in the offshore wind energy market and<br />

are expanding our business accordingly. Along with<br />

our partner Beluga Shipping, a company focusing on<br />

project and heavy-lift cargo shipping, we are planning<br />

to construct special-purpose vessels. This will involve<br />

building on our experience in anchoring equipment to<br />

the sea floor as well as with our Thor and Odin jack-up<br />

platforms. The operation of wind turbines could also<br />

generate new business opportunities for HOCHTIEF<br />

Facility Management.<br />

In recent years, we have steadily expanded our exper-<br />

tise in sustainability and energy efficiency and offer<br />

suitable solutions in all modules. The sustainable airport<br />

concept developed in 2009 illustrates how we<br />

channel our competencies into new services. In addition,<br />

we continue to focus on new solutions in the renewable<br />

energy sector. One example is an initiative<br />

launched in 2009 in which HOCHTIEF Energy Management<br />

will design, finance and operate wood-fired power<br />

plants. We aim to pursue our involvement in sustainability<br />

further and have made a clear statement of this<br />

commitment in our sustainability policy.*<br />

Our technology lead is based on innovations within the<br />

HOCHTIEF Group. We rely on the development of new<br />

products and services specifically to ensure that we<br />

can address complex challenges and shape new markets<br />

going forward.<br />

Solutions for the entire project life cycle<br />

It is our strategy to provide end-to-end services throughout<br />

the entire life cycle of infrastructure projects, real<br />

estate and facilities. We continually work toward networking<br />

all of our capabilities: Thanks to our integrated<br />

range, we sustainably create and boost value—for our<br />

clients, for our shareholders and for HOCHTIEF. During<br />

the year under review, we further underpinned our strategic<br />

life cycle approach both in-house and out under<br />

the “One roof—all solutions” banner.<br />

We develop new potential for our business by harness-<br />

ing the cross-selling effects generated from coopera-<br />

tion among our units. This is particularly evident in the<br />

case of public-private partnership projects in which<br />

HOCHTIEF companies can carry out all project phases<br />

from design and financing through construction or refurbishment<br />

to long-term operation. During this process,<br />

Facility<br />

management<br />

Energy<br />

management<br />

Insurance<br />

Asset<br />

management<br />

Property<br />

management<br />

Operation<br />

Marketing<br />

Sales<br />

Building<br />

diagnosis<br />

Development<br />

Life cycle<br />

management for<br />

infrastructure<br />

projects, real<br />

estate and<br />

facilities<br />

Sustainability Sustainability<br />

Insurance<br />

Logistics<br />

Construction<br />

Sustainability<br />

Planning<br />

Marketing<br />

Leasing<br />

Finance<br />

Construction<br />

planning<br />

Construction<br />

management<br />

Procurement<br />

One-stop shopping: HOCHTIEF as a life cycle manager.<br />

Our services are based on the principle of sustainability.<br />

Insurance<br />

Insurance<br />

Sustainability

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