WSP Global Inc.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.

So not every part of the business is firing at once.

Maybe compared to WSP, which we own, Stella Jones is a little bit more direct materials and infrastructure supplier, while WSP benefits across a broader range of engineering products.

So still consensus target about $85 versus $66 where it is today.

So roughly a 28% upside.

When this project started back in 2008, the rail authority had 10 employees.

By 2019, the Los Angeles Times found one consulting firm alone, WSP, had about 470 people on the project against the authority's own 180.

The agency was outnumbered better than two to one by the people it hired to help it.

The Times also found those consultant engineers were costing the state around $427,000 a piece.

The post part almost nobody quoted because it's the part with money in it.

And it's a little more boring.

He names three firms, HNTB, ACOM, and Parsons Brinker Off, which was later bought by WSP.

He says they were among the biggest donors to the committee pushing the 2008 ballot measure that created this railroad.

Dubai is one city embracing such technology as a growth engine and has also seen its population surge by a third in just five years.

Dr. Estefania Tapias from engineering consultancy WSP says,

I think Dubai has learned a lot from a sudden increase in population, which doesn't happen everywhere in the world.

And I think they reacted very well to it.