The sector continues to open-up to private sector participation and correspondingly there is high demand for our services in the set up and execution of major programmes and projects.
As global investment in infrastructure continues apace the requirement for innovating delivery and operating models is a strong feature of the market. The sector continues to open-up to private sector participation and correspondingly there is high demand for our services in the set up and execution of major programmes and projects. Clients are also increasingly focused on improving the performance of their existing assets. These factors generated substantial activity in 2017–2018 and a strong pipeline. Overall our revenue was up by 15 percent in this sector.
As infrastructure investors, owners and operators mature their approach to asset management, we are helping them establish new and innovative approaches that better serve their circumstances.
Our experience with private and public sector providers with increasing funding challenges and on large scale complex infrastructure projects is proving attractive as clients look for better results. Our ability to mobilise expertise for the critical set up phase of a project through to managing the delivery of the asset into operation continues to enhance our reputation as the independent trusted advisor.
Major programmes including High Speed 2 in the UK, Sydney Metro in Australia, and our work with sister company AMCL in developing strategic asset management plans for organisations such as New York Power Authority, are prime examples of helping clients improve the performance of their assets.
Across the globe major commitments have been made to increase investment in infrastructure. In the USA a USD1.5tn infrastructure plan was unveiled raising interest in private and public funding models providing us with the opportunity to structure bespoke solutions through leveraging our global expertise. During the year we made significant investments in the North America business. Key wins in region included Vancouver and Toronto Pearson Airports and a framework with Amtrak.
Latin America experienced growing momentum in transport and power. We supported concessionaires on a number of airports, including the development of Lima Airport in Peru.
The UK business continued with double digit growth due to the strength of business in transport and utilities. Key wins included advising Transport for London on their transformation programme and Highways England. Our support to Heathrow Airport helped secure government approval for its expansion.
There are renewed plans for rail in Africa and a number of projects are in advanced stages of planning in Ghana, Kenya, Tanzania and Zambia. We are supporting airport expansions in Southern Africa and new build airports in Gabon, Rwanda and Uganda.
In the Middle East investment increased in water and power. In transportation we have been appointed to advise on the development of Al Maktoum Airport which complements our role on Abu Dhabi Airport. Our Asia business took a major next step in their growth journey through key wins at Virgin Hyperloop One in India, Changi Airport Terminal 5 and further work at Hong Kong Airport three runway system project.
Australia and New Zealand continued to grow as significant investment was made in transport and utilities. Key wins in the year included Snowy Hydro 2.0, Western Sydney Airport and our recent appointment on the Sydney Metro City & South West scheme.
We continue to contribute to the wider economic and social agenda. Working with the UK Government, we are unifying systems for measuring and improving performance on their largest ever programme of investment. We supported the
Global Infrastructure Hub develop a tool for managing PPP projects after financial close. Increasingly we are helping governments, industry bodies and clients address wider considerations including minimising environmental impact and creating employment opportunities for future generations.
The adoption of Building Information Modelling (BIM) grows in recognition as an instrument in improving predictability and efficiency. Our work at Lima and Abu Dhabi Airports has put BIM into play as an integral part of delivery. Our extensive experience in alternative funding and delivery models in Africa, Australia, Canada and the UK continues to gain global attention as countries look to sustain investment.
We continue to invest in our asset, programme and supply chain management capabilities in order to scale up and capitalise on the opportunities. Our focus is on building capability, particularly for the critical set up phase, in order to help our clients and wider industry improve how programmes and projects are delivered.
We aim to accelerate growth across all regions through continuing to invest and leveraging our international experience and growing reputation for securing better results on behalf of our clients.
This content is part of the Annual Review 2017/2018