“We want to win big projects,” Laurent Germain, CEO of Egis worldwide, tells the media about his vision of the Mexican market. “We are very confident about the country’s potential.”
Egis’ revenue composition speaks to the company’s appetite for going out and looking for investment. 65% of the company’s revenue comes from outside France, while 35% comes from projects within their country of origin. At the same time, 60% of the company’s clients are from the public sector, while the rest are from the private sector.
In Mexico, these projects have materialized through works such as the mayan train -in which Egis participates as supervisor of sections 4 and 5 south-, of the Mexico City subway and of the Guadalajara Train. Added to these projects is the Autopista Golfo Centro highway operated by OCACSA, a subsidiary of the French company since 2018.
For this year, Egis expects to receive around 44 million dollars in revenue in Mexicofour times more than the initial phase of the company in the country, in 2017.
The accelerated growth that the company seeks has led it to turn to two new sectors in the country: the airport, in which it is working in two government terminals; and that of infrastructure, in which it is in talks to close the acquisition of a company for around 10 million dollars through which they seek to enter the corporate segment, but also residential and even hotel.
Germain assures that Egis will have its headquarters for Spanish-speaking projects for Latin America in Mexico, with projects in Colombia –where it recently acquired the Payc engineering group–; and Peruwhere they collaborate on highway and hospital renovation projects.
In the long term, the company seeks to make unsolicited proposals for various projects, especially in the mobility sector, where it considers that Mexico has a large area of opportunity.
“We have passenger transport projects, but also Urban mobility. We need to improve mobility within cities, and do it with low emissions in mind,” the manager concluded.