It is inaccessible to nonChinese companies says Martin Bouygues

"The players are out of the crisis changed," noted yesterday, Martin Bouygues, in commenting on the results of his group (read above). "Europe will be aware, in the coming months, in the incredible position of Asia, in terms of competition, concentration, currency...". ", he added. And he knows what he is talking about... Last month, the French construction giant won a contract for 770 million euros of work on the Sports Hub, a sports complex at Singapore. It is the largest public-private partnership in the world for sports equipment and the largest short contract to Bouygues Construction. Sports Hub is visible in the second half in its order book, which reached late June 13.9 billion euros.

In General, "the share of Asia in the turnover will rise in 2011 and 2012, Bouygues building International Director General Olivier-Marie root. "There is a lot of activity on Hong Kong, Singapore, the Thailand and a strong development in the Viet Nam". Asia weighs heavy in Bouygues Construction, which has won a record of 6.1 billion euros of orders in the first half, including an international share increase of 73. However, "Asia represents according to the years of 20 to 40 of the catch of commands international," said Olivier-Marie root. This total Asia includes Turkmenistan (preserve of Bouygues since a visit of the President of Turkmenistan to François Mitterrand), which represented up to 20 of the total of the international some years. However, the rest of Asia is Mount power: it represented 12 of international turnover of Bouygues Construction, but 25 of orders in the first half.

One hundred years in Hong Kong

Bouygues has another bastion: "A Hong Kong, our subsidiary, dredging, a hundred years, recalls Marie Olivier root." It is responsible for the most emblematic site in Hong Kong, the terminal cruises of Kai Tak, that it built on the site of the old airport... Once built by it. "It is in Hong Kong that infrastructure contracts and many still to come, including rail links with China and Macau. The group is however absent in residential construction, its costs could not compete with those of the Chinese players, when there is not value added technical. Singapore, where he prospered as well, it is the opposite: he invested residential, because contracts for 80 to 100 million euros for descondominiums (Highrise) top range are many and "Singapore has established technical more stringent constructions still quality criteria in France," said the leader.

In China, like all great Western constructors, Bouygues has been a top cross. "It is inaccessible to non-Chinese companies," says Martin Bouygues.

Tomorrow, the India

Local groups built at unbeatable prices, even if the technique is not the same level, and can mobilize massive human ways. For complex projects, we were technical Council, as da Vinci, the Olympic Stadium ("the bird nest")." But, when the Chinese need technical advice, they need a time, not two... ", explains Olivier - Marie root

Today, Bouygues looks instead at the India. From China, "there India fabric of SMEs, less than large firms and the country needs of large operations and the high expertise, analysis leader." "But implementation would be a priori by an alliance with a local actor", unlike the rest of Asia, where Bouygues is present rather via subsidiaries to 100.