June 16, 2021

New so much of acciona

The Spanish company Acciona has just done with the rights of a gigantic work in Brazil, such as the construction of the Orange Metro from the capital of São Paulo. With 11 million inhabitants in its main urban core, and many others in its metropolitan area, São Paulo emerges as a megalopolis of 22 million inhabitants (44 the total of the State, almost like Spain as a whole), which must solve important transport problems. One of them is the railroad, and the orange metro line is the Brazil’s largest concession, as it will involve an investment of 12,000 million reais (2,600 million euros), backed by public banks and with exploitation rights for Acciona for 25 years.

This contract constitutes a challenge for the company of José Manuel Entrecanales, and has been largely achieved by the direct negotiations between the Spanish businessman and the São Paulo governor, João Doria (liberal-conservative, PSDB), which is driving the construction of new and large infrastructure in the most populous state of the country, including several highways and investments in ports and airports.

Doria and Entrecanales coincided last time in Davos, and there they were able to close the last details of this great operation, which is a challenge for Acciona. The Spanish company has the experience of having built the Quito Metro, also a gigantic work and with enormous difficulties of orographic type. Entrecanales marks a new goal with this operation, which gives Wings in America.

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