Madrid, April 10, 2023. Azvi, specialised in designing, carrying out and maintaining civil construction projects, will penetrate the the United States market with support from COFIDES. To this end, COFIDES will grant a $2.1 million joint venture loan from the FIEX fund. The total amount invested in the project amounts to $3.1 million.

The company will put this funding towards purchasing 80% of two civil construction companies operating in the USA, mainly in Texas, that have experience in public tenders. 

Azvi has made this strategic decision following the passing of the Infrastructure Investment and Jobs Act, to enact the largest investment of federal funds to rebuild, upgrade and expand key physical infrastructure for the US economy. More than $26 billion has been earmarked for Texas over the next five years to improve roads and bridges, projects that perfectly align with the company's line of business.


This project plays its part in achieving the Sustainable Development Goals, given its impact on SDG 8 “Decent Work and Economic Growth”, as the group plans to maintain more than 40 jobs in the USA, in addition to the parent company in Spain already creating more than 1,200 direct jobs, as well as SDG 9 “Industry, Innovation and Infrastructure”, given the company's involvement in the entire infrastructure construction value chain, with the highest standards of quality and safety: identifying opportunities, design and execution, operation, maintenance and upkeep.


Azvi is the head of an Andalusian centenary family-run group whose headquarters are in Seville.

Engaged from the outset in railway infrastructures in Spain, Azvi is a key player in the railway industry, with extensive experience in the entire railway cycle (infrastructure, superstructure, electrification and signalling, track and machinery maintenance, transport), having also carried out large projects in the different fields of civil construction (roads, ports, airports, viaducts, tunnels, residential and industrial buildings, etc.).

As well as infrastructure and engineering, the Azvi Group is also active in other key fields such as concessions, services, the environment and rail transport, to name but a few.

It is an innovative, diverse, international and sustainable business group, with sound values, a wealth of experience and is extremely proud of its staff.


COFIDES is a state-owned company engaging in the management of State and third-party as well as its own funds, pursues a number of aims: internationalisation of Spain’s economy, furtherance of economic development and fortification of the solvency of companies affected by COVID-19. In addition to the Spanish State, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell and Development Bank of Latin America (CAF).