Hidalgo e Hidalgo Constructores

What Hidalgo e Hidalgo Constructores does

Hidalgo e Hidalgo S.A. (HeH Constructores) is a privately held Ecuadorian construction and infrastructure management firm founded in 1969 by civil engineer and architect Julio Hidalgo González. The company executes complex public infrastructure projects across three core service lines: general infrastructure (roads, bridges, tunnels, sanitation, electrification, ports, irrigation, and buildings), concession-based infrastructure development, and hydroelectric power generation. Operations are concentrated in Ecuador, with project footprints spanning multiple provinces including Loja, Pichincha, Guayas, and El Oro, and a portfolio of named landmark projects such as the Troncal highway, Intercambiador de las Américas, Vía Rápida Cuenca–Azogues–Biblián, and Autopista Terminal Pascuales Terrestre.

The company's business model is project-based and government-anchored. Hidalgo e Hidalgo generates revenue through competitive public bidding for one-time construction contracts with the Government of Ecuador and related public entities, executing work directly with its in-house workforce of over 3,500 employees and its own equipment fleet. There is no recurring subscription or service component; pricing is determined through project tenders and negotiated contract terms. The firm also maintains a provider qualification system (Sistema HEH) for supplier engagement and has diversified into adjacent industries through wholly owned subsidiaries Guaisa (rose cultivation, established 1986) and Acualosa (shrimp cultivation, established 1998).

Following the founder's death in 2005, leadership passed to his son Juan Francisco Hidalgo Barahona, who had joined the company as partner and president in 1972. The firm retains family ownership, holds ISO certifications for its integrated management system, and maintains offices in Quito (headquarters) and Guayaquil. Management has articulated international expansion ambitions in its corporate vision, though operations remain domestically focused with no disclosed international revenue or project backlog outside Ecuador.

Name

Hidalgo e Hidalgo Constructores

Legal name

Hidalgo e Hidalgo S.A.

Website

https://heh.com.ec

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hidalgo e Hidalgo S.A. is a family-owned Ecuadorian construction company founded in 1969 that builds and manages infrastructure projects including roads, bridges, tunnels, hydroelectric plants, and concessions, primarily serving the Government of Ecuador. It employs over 3,500 people.

Ownership category

akta.pro rank

Product category

Infrastructure Construction

NAICS

Utility System Construction (2371), Power and Communication Line and Related Structures Construction (237130)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Right-of-way access, foundations & civil works for T&D projects (EUADAKAJ)

akta.pro secondary industries

Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Tunnels & Underground Rail Civil Construction (IMAFAFAE)

Keywords

• Infrastructure construction services
• Civil engineering construction
• Highway and bridge construction
• Hydroelectric power construction
• Public works contracting

Headquarters

HQ city

Quito

HQ country

Ecuador

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Infrastructure Construction Projects: The company generates revenue through construction contracts for infrastructure projects including roads, highways, bridges, tunnels, airports, irrigation systems, sanitation, and electrification. Projects are typically awarded through competitive bidding processes with government entities and involve one-time project fees based on completed work.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Hidalgo e Hidalgo S.A. is a construction and infrastructure management company that builds and manages complex civil works in Ecuador, including roads, bridges, tunnels, sanitation systems, electrification, ports, irrigation systems, airports, and buildings. The company operates across three core service lines: Infraestructura (general infrastructure construction), Concesionarias (concession-based infrastructure development), and Hidroeléctricas (hydroelectric power facility construction). It executes contracts primarily for government and public-sector clients through competitive public bidding.

Product overview

Hidalgo e Hidalgo S.A. (HeH Constructores) is a construction and infrastructure management company founded in 1969 in Ecuador. The company offers a comprehensive portfolio of infrastructure services organized into three core divisions: Infraestructura (general infrastructure construction including roads, bridges, tunnels, sanitation, electrification, ports, irrigation, and buildings), Concesionarias (concession-based infrastructure development), and Hidroeléctricas (hydroelectric power projects). The company has completed numerous named projects such as Troncal, Intercambiador de las Américas, Puente Alterno Norte, Autopista Terminal Pascuales Terrestre, SIBIMBE, and Vía Rápida Cuenca – Azogues – Biblián. The company operates primarily in Ecuador with over 3,500 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Infraestructura (Infrastructure Construction) Construction and management of complex infrastructure projects including roads, highways, bridges, tunnels, sanitation systems, electrification, ports, irrigation systems, airports, and buildings for government and public-sector clients in Ecuador.
• Concesionarias (Concessions) Development and management of concession-based infrastructure projects, where Hidalgo e Hidalgo invests in and operates infrastructure assets that others perceived as uncertain or difficult. Targeted at government and public-sector clients seeking long-term private investment in complex infrastructure.
• Hidroeléctricas (Hydroelectric Projects) Construction and management of hydroelectric power generation facilities designed to address seasonal electricity deficits in Ecuador and support regional productive activities such as agroindustry, for government and public-sector energy clients.

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Acciona: Spanish global infrastructure and renewable energy group with substantial LATAM presence in concessions and hydroelectric construction. Comparable to HeH across the civil and hydroelectric project spectrum.
• Mota-Engil: Portuguese construction and infrastructure group with an active Latin American footprint in roads, rail, ports and energy projects. Comparable activity mix to HeH's Infraestructura and Hidroeléctricas divisions.
• Sacyr: Spanish infrastructure conglomerate active in Latin American toll-road concessions and large-scale civil construction. Comparable to HeH's Concesionarias + Infraestructura dual business model, though at materially larger scale.
• OHLA (formerly OHL): Spanish global infrastructure group with significant concessions and construction operations across Latin America. Larger and more diversified than HeH but directly comparable in road, hospital and civil-works concessions activity.
• Andrade Gutierrez: Brazilian construction major active across Latin America in roads, hydroelectric, sanitation and industrial construction. Highly comparable activity profile to HeH at larger scale.
• Novonor (formerly Odebrecht): Brazilian engineering and construction conglomerate historically dominant in Latin American public infrastructure. Direct competitor for large-scale government tenders, though currently operating under post-Lava Jato constraints.
• Techint Engineering & Construction: Italian-Argentine EPC contractor with deep Latin American presence in energy, mining and infrastructure. Comparable in heavy civil scope and Latin American public/private contracting model.
• China Communications Construction Company (CCCC): Chinese state-owned global infrastructure contractor with aggressive expansion across Latin American ports, roads and bridges. Increasingly competes with local contractors like HeH on Ecuadorian and regional public tenders.

Direct peers

• Aenza (formerly Graña y Montero): Peruvian engineering, infrastructure and construction conglomerate with a similar mix of EPC services, concessions and real estate across Latin America. Closest regional comparable to HeH in scale, scope and government-client orientation.

Emerging players

• Construcciones y Auxiliar de Ferrocarriles (CAF): Spanish rolling-stock and rail infrastructure firm with growing LATAM footprint. Partial overlap with HeH on rail-adjacent civil and electrification works, particularly relevant as Ecuador develops urban transit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCMq9toByliAPopVHz-h1mBw?view_as=subscriber
• Facebookfacebook.com/HeHConstructores
• LinkedInlinkedin.com/company/hidalgo-e-hidalgo-s-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hidalgo e Hidalgo Constructores