Ayesa has recently added Portugal to its network of global offices. As such, through its Engineering Area, it has opened an office in the city of Porto.
This comes after the firm was awarded a contract with a value of 5.1 million euros and a duration of 36 months to supervise the extension of the yellow line of the Porto Metro, as part of a consortium alongside the Portuguese company Fase - Estudos e Projectos, S.A. Located in Vila Nova de Gaia, to the south of Porto, 3.1 kilometres will be added to the line, between Santo Ovídio and Vila d'Este.
For Ayesa, its launch in the Portuguese market represents yet another step forward in its strategy of international expansion. ‘This is an interesting market which we’re eager to explore, given the very good outlook in the transport sector and in industry’, notes Rosalío Alonso, Managing Director for Engineering.
With this latest office, the company now has a permanent presence in 18 countries, including Spain. Indeed, around 70% of all of Ayesa’s work now takes place abroad.
Ayesa embarked upon its journey of international expansion back in 2003, when it set up its subsidiary in Mexico. However, it was not until 2005 that the company really went global:
For Ayesa, increasing its presence in the English-speaking world is a key part of its international strategy for the next three years.
The firm currently occupies a privileged position in Latin America (70% of its revenue is generated here), where it is the leading engineering company for metros and other transport systems; in Asia, especially in India, where it is the number-one international engineering firm specialising in metro projects; in the Middle East, namely in Saudi Arabia, where it is a major player in the desalination sector; and in Europe, namely in Spain and Poland.
Also worth noting is the considerable growth Ayesa experienced in 2019 in Asia (10%) and the Middle East (37%), these two regions thus accounting for 25% of all the firm’s international business (compared to 20% in 2018).
In terms of technology, Ayesa is experiencing significant growth in Latin America and Europe, specifically in the utilities sector, having cemented its position as a leader in technology implementation projects for governments, examples being those undertaken in Panama and Ecuador.