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Luis Castilla analyses the challenges and opportunities for the sector at the 6th KPMG Infrastructure Forum

06/20/2017

    The growing complexity of projects, the role of the private sector and new financing models were just some of the issues discussed.

The CEO of ACCIONA Infrastructure, Luis Castilla, today took part in the 6th KPMG Infrastructure Forum entitled “Building opportunities in a global market”. The event examined the current situation and the future of the sector as well as the principal challenges faced at a global level.

Organised by the consultancy firm KPMG, the 6th edition of the Infrastructure Forum featured a talk by the Secretary of State for Infrastructure, Transport and Housing, Julio Gómez-Pomar, and the participation of Alejandro de la Joya, CEO of Ferrovial Agroman, and Miguel Jurado, chairman of the board of FCC Construcción. 

During the event, Luis Castilla highlighted the importance of the private sector in the new global scenario, an increasingly complex environment in which sustainability, technological innovation, optimisation of the social impact and increasing integration between the different parties involved are all key factors.

“The future is promising with a huge potential market, but which is also extremely complex. We are going to see numerous different futures in the infrastructure sector. The same company has to be competitive across very diverse geographical areas, for clients and environments with very different needs”, said Luis Castilla. “We have a complex challenge ahead of us”.

The growing complexity of projects, clients and contractual models, a potential disparity in the risks posed and the lack of specialist human resources in certain fields were some of the challenges identified.

To tackle these issues, Luis Castilla cited the example of the organisational changes made by ACCIONA in 2014, integrating the Construction, Concessions, Water, Services and Industrial businesses into a single unit in order to leverage synergies and optimise resource use. This is combined with an international implementation based on “platform countries” from which the expansion process is led, and a commitment to specialisation and excellence in managing contracts.

Luis Castilla also highlighted the key role played by the digital transformation in the sector, which is not just another option but something experiencing real demand, with solutions such as BIM platforms that integrate everything from design through to planning, big data, 3D modelling or virtual reality systems. These solutions must allow us to become more efficient and more attractive to our clients.

In Spain, the challenge includes optimising the available budgetary resources as much as possible as well as exploring new means of financing that enable progress in sectors that are severely lacking in infrastructure and solutions, such as water or urban waste management.

“We should exploit public-private partnerships more. Internationally, there are hundreds of opportunities in the short and medium-term, and not just in transport infrastructure but in water and social infrastructure. This is the way forward in Spain as well. We must explore PPP formats as much as possible”, added Luis Castilla.

PHOTO/EFE/JUAN CARLOS HIDALGO

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