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Baldomero Falcones chosen unanimously as first Chairman of the new era of SEOPAN

14/03/2012

Baldomero Falcones chosen unanimously as first Chairman of the new era of SEOPAN

Baldomero Falcones Jaquotot, Chairman and CEO of FCC, has been appointed as Chairman of the Association of Spanish Construction Companies (SEOPAN). The chair will rotate annually among the presidents of SEOPAN's main member companies, with the support of Vice-Chairman Julián Núñez Sánchez, whose executive role has been enhanced. SEOPAN's Management Board appointed another Vice-Chairman: Manuel Manrique, of Grupo Sacyr Vallehermoso. 

Baldomero Falcones chosen unanimously as first Chairman of the new era of SEOPAN

The Board also accepted the resignation of former Chairman David Taguas, who expressed his gratitude to all members of the association for their dedication and professionalism.
The role of chairman will no longer be remunerated. The member companies have also proposed the rationalisation and simplification of SEOPAN's structure and operating costs, while maintaining and reinforcing its institutional role as representative and spokesperson of the industry, whose members are directly involved in its management.

SEOPAN was created in 1957. It comprises construction groups and companies in Spain and other countries which operate in the areas of infrastructure, concessions, services and real estate. The members' total revenues in 2011 exceeded 67 billion euro, accounting for 6.3% of Spain's GDP. SEOPAN companies employ more than 400,000 people.

The member companies view investment in infrastructure as a growth driver which improves the competitiveness of Spain's economy and, therefore, supports job creation. The Spanish Confederation of Employers' Organizations (CEOE) recently proposed that the Spanish government implement an infrastructure plan for 2012-2016 to promote growth in Spain, which will require an appropriate legal framework to attract international investors.

The plan calls for 80.6 billion euro in investment in transport, water and social infrastructure, which would create 480,000 jobs in its first two years and could contribute 1.3% to Spain's GDP by the end of 2016.