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Monday, 06/17/2013 11:10:18 AM

Monday, June 17, 2013 11:10:18 AM

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ICA, ready for new projects: Quintana

BUSINESS • JUNE 17, 2013 - 6:05 A.M. - INTERVIEW BY PATRICIA TAPIA
INTERVIEW .

Highway program, between what is most important, says the CEO of the company, in terms of energy is capable of resolving challenges if Pemex is open longer.

Photo: Jorge Carballo
BERNARDO QUINTANA, CEO OF ICA.

Mexico • Awaiting a National Infrastructure Plan (NIP) ambitious and aggressive for this administration, ICA, the construction company more representative of the country, is ready to tackle much-needed projects Mexico, told MILLENNIUM Bernardo Quintana Isaac, CEO of the firm.

When asked if ICA will be key in the federal government's plans in infrastructure, Quintana Isaac was convinced to be, to be 65 years working in depth on the subject. "We try to be competitive, to maintain our capabilities and our technical construction procedures of the most advanced in the world. "

Expressed interest in continuing up the Mexican economic growth to continue being a force, with ability to compete in any global project, both the country and international companies, so this year will have the same job as in 2012.

"We're hoping to come and tendering opportunities we can take advantage ... I have the experience of both good and bad circumstances in project engineering and construction, and my experience can be useful for future projects done, and become better, more timely, with good quality, care for the environment and sustainability. "

Kawage Quintana Alonso, CEO of ICA-son of Bernardo said that what is most important to the company within which already announced Enrique Peña Nieto, is the highway program, which is to continue forming vertical and transverse axes in Mexico, eg highways century, linking the state of Puebla with the road to Acapulco and Tuxpan to Tampico.

"We are going to be studying all, our model of business is to get in this early stage of the project to structure, finance, build and operate, and when ripe is where we will be thinking get out, because we are not a fund we can keep a portfolio of mature assets, but we have to recycle capital to enter new they need all this development, "said Quintana Kawage.

He explained that, only in 2013, ICA will spend about a thousand 500 million dollars in long-term projects, including highway-Apaseo Palmillas Grande-the-beltway south of Querétaro, Oaxaca and two roads, one going to the area industrial Salina Cruz and another to the tourist area of Huatulco, which is the Long Canyon to Window.

ICA Being one of the few companies that have left the country, it also seeks to raise its stake abroad. "We can not rely any more of Mexico, have important skills that help us to export this way of doing things, we see no major projects in Colombia, Panama, Peru and some in the United States," said Quintana Kawage.

Places where you need work that the firm can do, as major highways, dams, power projects, works underground water tunnels. "We are competing in these countries to not be focused 100 percent in Mexico".

What comes of ICA for Alonso?

Infrastructure needs in Mexico are very large, is a very young country that wants to get ahead, you want better services, be more competitive, we are stable macroeconomic terms, we have large external debts as we had no problems in the past, is an economy with large savings, pension funds very well capitalized, with international reserves. What does that give us? The ability to project, we're not putting out fires in the past, but rather we are seeing the future.

On energy potential if Pemex will have many more open, did not want to call privatization, but investment open to get all our natural resources, are tools that are ready for production, with the offer that you can give to better infrastructure, and in that sense ICA can play an important role resolving important issues and challenges that still exist in this area.

What comes after ICA Bernardo?

I do not think my life without ICA, of course I'll go away little, but will always be present, I'm still the chairman of the board and participate in strategic decisions, fortunately the people at the company, my children, the other officers-I take a lot in mind, always seeking my opinion, if not for my permission so unless you are thinking in the same way they do. I'll be in the company until we drop, we did an orderly succession.

Keys

Break with Haver

- After the housing division of ICA (ICA Lives) and Group Haver be agreed in November last year a merger, a few weeks ago broke the agreement, the reason was that I did not see how profitable the market, said Alonso Quintana Kawage.

- "Live For ICA and Haver sometime think that the best solution to our housing division was to be part of this company, which is a little larger, and take a percentage of it, but as has been complicated the market and not necessarily the bigger the company is better, before it was clear that perhaps now be a boy is to be more flexible and dynamic. "
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http://www.milenio.com/cdb/doc/noticias2011/a63dfd60be716e281cff679f972ad45e

ICA

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