On 9 and 10 June, InfraAmericas held its eleventh annual USP3 Infrastructure Forum at New York’s Grand Hyatt Hotel, where Globalvia was present once again as one of the main sponsors.

The importance of this event lies in the fact that it is one of the major meetings in the infrastructure industry in North America, where the main negotiators and decision makers in the industry discuss the past, present and future market situation.

This is why it is an excellent chance for Globalvia to be present once again at the Forum both as a speaker and a sponsor.

This two-day meeting enables a dynamic, close contact between Administrations and companies, allowing them to share concerns and know firsthand what the USA concession market is heading for. Thus, the added value of this Forum for Globalvia is that it offers many networking chances and ongoing bilateral meetings, fostering the creation of new relations and building loyalty on the existing ones between executives of North American and European companies in the industry.

Michael Lapolla, from Globalvia USA and Canada Country Manager, was a speaker at an open-mike discussion on the topic “Roads & Bridges – Structuring P3S which keep America connected” together with 4 more participants from other industry companies.

After the event Rafael Nevado, Chief Investment Director of Globalvia, assessed this year’s edition; “The focus remains on major construction projects of new transportation infrastructures, although the difficulties encountered by the Administrations to pull the tender processes off are many. This means that the short/medium term pipeline is still very limited and that the competition in the processes that manage to make it is enormous.

Concerning Globalvia strategic project profile (roads and railway), in practice any kind of privatization of existing assets seems to be ruled out. However, USA is our main target and this must lead us to be particularly proactive in generating opportunities, increasing our efforts to assert our experience and world leadership position in concession management.”