Ferrovial is the leading transportation developer in terms of invested capital in the 2013 global ranking published by Public Works Financing magazine. The publication notes Ferrovial's investment in infrastructure, amounting to 73.5 billion dollars, and highlights leading projects such as the 407 ETR and its expansion, in Canada; the LBJ and North Tarrant Express in Texas; and the contract to manage roads and street lights in Birmingham (United Kingdom).
Ferrovial, a global operator in infrastructure and cities, is the leading transportation developer ranked by invested capital in 2013, according to prestigious magazine Public Works Financing (PWF). Ferrovial has ranked first since 2008.
The company currently has dozens of operational infrastructures in various markets around the world, including Canada, the US and the UK. PWF reported that Ferrovial's total invested capital amounted to 73.5 billion dollars (more than 54.4 billion euro).
PWF also highlighted the company's principal infrastructure assets: the ETR 407 and its expansion project, in Canada; the LBJ, North Tarrant Express and SH130 roads in Texas; the ITR in Indiana; and the Chicago Skyway in Illinois. It also underlined Ferrovial's contracts to manage roads and street lighting in Birmingham and Sheffield and the M-30 in Madrid, as well as the airports managed by Heathrow Airport Holdings (formerly BAA) in the UK.
According to PWF, these projects reflect the success of Ferrovial's business strategy, which focuses on internationalisation and diversification. In the first nine months of 2013, 68% of the company's 5.927 billion euro in revenues came from outside Spain. The total Services and Construction backlog reached its highest ever level in that period: 24.413 billion euro, of which 68% refers to international projects.
PWF's annual global ranking, which was first published in 1985, includes the most comprehensive data on infrastructure concessions and public-private partnerships, focusing on transport infrastructure: roads, airports, railways and ports, drinking water, waste collection and facility management (hospitals, schools, prisons and sports stadiums).
