ACS, Ferrovial, Acciona Bid For ‘Mega’ Infrastructure Investment Project In Australia

Alphavalue | ACS (ACS), Ferrovial (FER) and Acciona (ANA) are bidding for a “mega” investment plan in Australia. The Australian government plans to invest some 70 billion euros in infrastructures over a 10 year-period. The Spanish firms lead the ranking of contractors for the projects, which include railways, motorways and subways. ACS (Buy, Target Price €40,8 +) ACCIONA (Reduce, Target Price €157 ++) FERROVIAL (Reduce, Target Price €25,8 ++)

The year of US infrastructures

The US: 2018 May Be The Year Of Infrastructures

2018 may be the year of the infrastructures. Perhaps it won’t be the best or the most efficient plan which emerges. But what’s clear is that something has to be approved which allows Donald Trump to cut the ribbons on motorways, bridges and other more or less large structures.


Patronomics: more than Chinese railways

UBS | We believe China and Japan will play significant roles as regional economic patrons over the next few years. We estimate the amount of patro – dollars, namely China’s outward direct investment in the ‘One Belt One Road’ regions, will exceed US$200bn in 2016 – 18.


AIIB, China’s renewed (and controversial) influence

Known as the BRICS bank, the Asian Infrastructure  Investment Bank (AIIB) wants to become an alternative to the IMF and the World Bank.  The initiative led by China adds to Beijing’s ambitious project of recovering the ancient Silk Road. So far, more than 40 countries from the five continents showed their support, proving China’s growing –and controversial– global influence.



Engine failure in China

BEIJING | There’s a huge debate on what’s more appropriate for China: stimulus plans, sound investment or consumption incentives, to avoid the feared hard landing of its economy now that the Chinese model of development seems to be exhausted. The recipe was first applied in coastal areas. Due to its success it was later reapplied in the West to encourage a massive urbanization across the country. Unfortunately, the economic crises…