Units converter
Quotes on line
2015 World Crane and Transport Summit
2014 International Cranes and Transport Latin America
World of Concrete 2015

   Search News
Abertis looks at Brazil to expand in Latin America, ponders telecoms entry in Chile (Chile)
Spanish infrastructure group Abertis, which has a number of highway concessions and logistics projects in Chile, is looking for opportunities to grow in Brazil as part of its expansion plan for Latin America, chairman Salvador Alemany told BNamericas.


"It's the projects that are interesting, although we also prioritize countries. We are very satisfied with our presence in Chile and we are looking at opportunities in Brazil," he said at the sidelines of Chilean business congress Enade.


"It is difficult to program projects," he added, "as resources are allocated to projects once they arise and have an adequate profitability."


In Chile, Abertis controls Rutas del Pacifico, which operates the central Ruta 68 highway, and Sociedad Concesionaria del Elqui, which runs region IV's Los Vilos-La Serena highway. The firm also owns a 50% stake in urban tollroad Autopista Central and 15% of Aeropuerto de Santiago.


Abertis is also looking to enter the business of supplying infrastructure for audio, video and mobile telephony transmissions in Chile, Alemany said.


"[In Chile] we are active in four of the five sectors we operate in. We believe we can keep growing in those four and we plan to enter the fifth, telecoms, as soon as the opportunity opens," he said, adding the investment needed to enter this sector would be in the hundreds of millions of dollars.

Send this publication to a friend

More news
Shakeup at Ferrobaires over February accident (Argentina)
Argentina's Buenos Aires provincial government has replaced several high-ranking officials at state-owned rail operator Ferrobaires following a rail accident in February this year. ...
Paraíba pushing to speed up PAC projects (Brazil)
Brazil's federal and Paraíba state governments are discussing projects under the country's growth acceleration plan (PAC) aimed at improving transportation logistics in the northeastern stat ...
Interoceánica Sur generating US$3bn - Ositran (Peru)
Peru's 2,500km Interoceánica Sur highway has generated economic benefits of over US$3bn for the country, according to transport regulator Ositran president Juan Carlos Zevallos. ...