Thursday, February 17, 2011

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34.6 million awarded two roads in Arizona for 166 million euros


ACS has been awarded the construction of two roads Arizona (United States) for a aggregate amount of 166 million euros, according to the group that includes Europe Press.

With these projects, the company president Florentino Perez strengthens presence it already has in the construction market in the United States.

contracts entail the execution of a stretch of highway 303, between Peoria and Mountain View, valued at 100 million euros, and a highway 202 (the linking I-10 with Gilbert), budgeted at 66.11 million.

The works are part of the Regional Transportation Plan of Arizona, which includes an investment of 9,000 million dollars (about 6,700 million euros) in the coming years in building new roads and improvement of current.

With these contracts, ACS and strengthens its international presence in the U.S., a strategic market in its policy of internationalization, where the company already has more than twenty offices .

In 2009, activity in this country, the group reported revenues of 624 million euros and 25% (2,824 million) of total contract portfolio of the group.

ACS has achieved in recent years, various contracts in the works to expand the subway in New York, among which the construction of an underground station on Second Avenue in Manhattan by about 325 million euros, and the extension of Line 7 (about 1,500 million).

also through its subsidiaries builders in the country, participates in the construction of the East Side Access, a project of 850 million euros that will directly connect Long Island and east of Midtown Manhattan.

addition, construction and services group has three concession highways and water treatment plants.

In its 2009 annual report, ACS and said the United States would "continue to be in the coming years a relevant market and growth for the group" in the areas of infrastructure development, civil works, with the ultimate goal of "maintaining an appropriate level of internationalization and diversification to increase profitability and reduce the risk of construction activity."


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