Spanish firm Acciona bullish about growth in GCC amid higher oil prices – The National

Spanish firm Acciona bullish about growth in GCC amid higher oil prices – The National

Spanish infrastructure company Acciona is bullish about growth in the GCC region as governments invest heavily to build new projects amid higher oil prices, according to the company's top executive.

With operations in 60 countries, the company is looking for new opportunities in transportation, power and water and in the social infrastructure sector in the region, Jesus Sancho, Acciona director general for the Middle East told The National on the sidelines of the World Utilities Congress in Abu Dhabi on Wednesday.

“There are a lot of PPP (public-private partnership) projects where you can put equity and co-invest with government (in the region),” Mr Sancho said.