28 Nov FOCE signs a technical supervision contract in the US and will open an office in Texas
The US market is very attractive in the infrastructure sector. The Texas Transportation Plan foresees a US $75 billion investment in 10 years.
The Spanish firm FOCE signed a contract for the provision of technical supervision and control services for an American construction company whose activity is focused in the state of Texas and other states of the east coast. FOCE will provide project management services for the improvement of quality control and work supervision processes, as well as for the implementation of procedures for the Purchasing and Bidding departments.
The US is a very attractive market for the infrastructure sector, since its federal plans, especially the one developed for Texas, envisions a strong investment for the renovation and development of new infrastructure. In the case of the Texas Transportation Plan, an investment of US $75 billion is foreseen for the next 10 years, as well as important incentives for the development of renewable energy projects. Currently, the leading Spanish construction companies such as Ferrovial, Dragados or OHL have an outstanding presence in the local market.
Through this first contract in the field of Project Management services in the US, FOCE reinforces its technical services business line led by, Juan Manuel Sánchez-Lara, the Director of Engineering and Projects, who was previously Director of Business Development for the EMEA region in Mitsubishi Electric.
For the financial structuring services provided in renewable-energies projects, together with the advice to Spanish construction companies with regards to tenders and market implementation, as well as the above-mentioned technical services, FOCE expects to achieve a turnover of above 10 million dollars only in the US. Similarly, it involves the creation of several jobs both in Spain and in the US, among engineers, quality and cost control technicians, surveyors, and process implementation technicians.