Spanish giant FCC looks to expand in UK

Grant Prior 13 years ago
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The Spanish contracting giant helping to build the Olympics and Crossrail is looking to expand in the UK by picking-up more major projects.

FCC Construccion is currently fitting-out the 2012 Media Centre and working on two Crossrail sections via its subsidiary Alpine BeMo Tunnelling

FCC is now targeting major contracts over £100m in the healthcare, infrastructure and energy market to drive its expansion in the UK.

The firm is also looking to use its financial clout to pick up PPP deals.

FCC Construcccion UK & Ireland Director Rafael Foulquié told the Enquirer: “Given that the UK is a mature market we need to focus on those sectors that represent a good opportunity for us which means large complex projects and/or requiring investment.

“I would summarize it as healthcare, infrastructure (mainly rail, tunneling and roads) and energy – particularly PPPs.

“But we analyze specifically every single project and if given its own characteristics we think we can add value to our clients we go for it.

“Taking into consideration the size of the company we target projects above £100m.”

FCC currently employs 85 construction staff in the UK and is looking to recruit as plans are finalised for a new headquarters in the City of London.

The firm is looking to form joint ventures with UK firms while it is getting established but has been forced to go it alone on the 2012 Media Centre following the failure of partner P Elliott.

Foulquié said: “We are in the process of becoming British and therefore until such times we prefer to have the support of a local company until we have the intimate knowledge of this market.”

FCC employs 90,000 people worldwide operating in more than 50 countries.

The firm first entered the UK via subsidiary Fosca in the environmental services market and now operates 250 waste management centres through its WRG division.

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