What QGMI does

QGMI is a privately held, Madrid-headquartered global infrastructure group founded in 2016 that operates an EPC+F (Engineering, Procurement, Construction + Financing) model. The company delivers civil-engineering projects — roads, interchanges, airports, water and sanitation works, power generation and transmission, and buildings — for governments and public-sector clients, with primary geographic focus on Sub-Saharan Africa (Ghana, Angola, Benin) and recent expansion into Guyana (Latin America, 2024) and Côte d'Ivoire. Headcount is reported in the 1,001–5,000 range, distributed across European holding and engineering entities (UK, Germany, Sweden, Switzerland, Poland) and African operating subsidiaries in Luanda and Accra.

The underlying technology stack combines conventional EPC delivery with internally developed digital tools: the SAE (Electronic Monitoring System) reads QR codes on personnel and equipment to track working hours in real time and works offline; a GPS Control System supports precision earthworks; and a Third-Party Risk Management (TPRM) system integrated into the payment platform has screened over 3,000 third parties since 2016. The company is integrated-management-system certified to ISO 9001, ISO 14001, and ISO 45001, and holds ISO 37001 (anti-bribery) and ISO 37301 (compliance) certifications — the latter being the first European issuance in 2021. Financed projects rely on relationships with export-credit agencies including KFW Ipex Bank and UK Export Finance (UKEF).

QGMI generates revenue through project-based EPC and EPC+F contracts awarded via competitive government tenders and structured with international lenders. Pricing is negotiated per project and not publicly disclosed; there are no disclosed funding rounds, no parent company, and no public financial reporting, indicating the group has been financed through project cash flows since 2016. Marketing is concentrated in top-of-funnel channels — corporate website, LinkedIn, YouTube, and the internally produced Amaraba Magazine covering Ghana project progress — reflecting the relationship-driven, tender-led nature of the business.

Name

QGMI

Legal name

QGMI Inversiones S.L

Website

https://qgmi.eu

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

QGMI is a Madrid-based private infrastructure group operating an EPC+F model that designs, finances, and builds roads, airports, water systems, power, and buildings for governments in developing markets, primarily across Africa with recent expansion into Latin America.

Ownership category

akta.pro rank

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction contracts for infrastructure projects including roads, airports, water treatment facilities, and power infrastructure. Projects are delivered from inception and design through to commissioning and handover.
2. EPC+F (Financing): EPC contracts with financing component, where QGMI assists clients with structuring financial solutions aligned with international sustainability requirements. Works with export credit agencies (ECAs), commercial banks, and multilateral organizations.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

QGMI is a global infrastructure group that develops, structures, and implements civil engineering and construction projects under an EPC+F (Engineering, Procurement, Construction + Financing) model. The company undertakes the full project lifecycle from inception and design through procurement, construction, commissioning and handover across five contracting fields: roads and highways, transportation and mobility, power infrastructure, water and sanitation works, and buildings. QGMI additionally assists clients with structuring financial solutions aligned with international sustainability requirements, working with export credit agencies (ECAs), commercial banks, and multilateral lenders.

Product overview

QGMI is a global infrastructure group offering a unified portfolio of civil engineering and construction services under the EPC+F model. The core offering comprises infrastructure development and implementation across five main service areas: Roads and Highways (including bridges, tunnels, flyovers), Transportation and Mobility (BRT and urban mobility solutions), Power Infrastructure (wind farms, power plants, transmission lines), Water and Sanitation Works (water distribution, drainage, flood control), and Buildings (commercial, tourism, residential developments). QGMI differentiates through its ability to structure financial solutions aligned with international sustainability requirements, supported by internal technology systems including the SAE (Electronic Monitoring System) for workforce tracking, GPS Control System for earthworks, and a Third-Party Risk Management System for supplier due diligence. The company also publishes Amaraba Magazine to document project progress in Ghana.

Differentiator

Problem solved

Functional benefit

Products and services

• Roads and Highways Design and construction of road infrastructure including interchanges, intersection improvements, milling and resurfacing projects, tunnels, bridges, and flyovers. Delivered for government clients in African markets.
• Transportation and Mobility Planning and delivery of transportation infrastructure including BRT systems, smart city mobility solutions, and adaptable delivery methods for urban infrastructure needs.
• Power Infrastructure Power generation works including wind farms, power plants, and transmission lines, with full project support from feasibility studies to execution.
• Water and Sanitation Works Complete solution packages for water, wastewater, and flood control, including water distribution systems, drainage, water quality improvement, and irrigation systems.
• Buildings Real estate development for commercial and tourism uses including modern resorts and high-quality residential constructions, as well as restoration projects.
• EPC+F (Engineering, Procurement, Construction + Financing) Comprehensive project delivery model providing engineering, procurement, and construction services along with financial structuring solutions supported by export credit agencies, commercial banks, and multilateral organizations, spanning project inception through handover.
• Airport Infrastructure Airport terminal construction and expansion including passenger processing systems, baggage handling, airport management systems, and auxiliary facilities. Includes the Tamale International Airport Phase 2 project in Ghana.

Quantifiable outcome

• Over 3,000 third parties screened through TPRM system since 2016
• +1 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Ghana Airports Company Limited (GACL)minorStrategic or Co-development PartnerGACL is the state-owned enterprise responsible for managing Ghana's airports. QGMI coordinates with GACL on airport expansion projects including Tamale Airport Phase 2.
• ABD GroupminorStrategic or Co-development PartnerABD Group, headquartered in the USA, partnered with QGMI for wastewater treatment plant projects for social and affordable housing in Côte d'Ivoire.

Scale indicators3 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Novonor (formerly Odebrecht): Brazilian construction group with a historic and still-active African infrastructure business (engineering, construction, energy). Comparable in targeting emerging-market public infrastructure, though now operating under post-Lava Jato restructuring.
• Sacyr: Spanish infrastructure and concession group with international construction operations including roads, airports, and water projects. Comparable in origin, scope of services, and pursuit of public infrastructure tenders across multiple continents.
• Mota-Engil: Portuguese construction group with one of the strongest African infrastructure footprints among European contractors, operating an EPC + financing-adjacent model across roads, airports, and water projects. Highly comparable to QGMI in target geographies, customer base (governments), and integrated delivery approach.
• Elecnor: Spanish infrastructure group with international operations across power, water, and telecommunications infrastructure, frequently working with multilateral lenders. Comparable in EPC delivery model and public-sector client focus.
• FCC Construcción: Spanish infrastructure contractor (part of FCC Group) executing large-scale roads, water, and environmental projects internationally. Comparable service portfolio and government-client model, though larger scale.
• Acciona: Spanish infrastructure and renewable-energy EPC firm with active African project portfolio and sustainability positioning. Comparable in EPC delivery scope (roads, water, power) and ESG/governance emphasis.

Broad incumbents

• Strabag: Austrian-headquartered European construction major with significant international civil-engineering operations. Comparable in roads, bridges, and public-infrastructure delivery, though larger and more Europe-centric.
• Bechtel: US-headquartered global EPC contractor executing large-scale infrastructure, power, and water projects. Comparable in integrated EPC delivery model and government client base, though substantially larger and concentrated on mega-projects.
• HOCHTIEF: German-based global infrastructure group (controlled by ACS) executing large-scale civil engineering and transport infrastructure worldwide. Comparable in core contracting capabilities, but operates at significantly larger scale with broader geographic reach.
• China Communications Construction Company (CCCC): Chinese state-owned infrastructure conglomerate dominant in African roads, ports, and airports through Belt and Road financing. Direct competitor for the same government tenders QGMI targets, but with state-backed financing and far larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCMBiicHqV-BdZ0XQn75cysA?view_as=subscriber
• LinkedInlinkedin.com/company/qgmi

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries8 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 QGMI