Hitachi Ltd. is aiming to expand its rail business in the U.S. by bidding for streetcar and light-rail projects as President Donald Trump pledges to spend as much as $1 trillion to upgrade infrastructure across the country.

The Japanese conglomerate ¡°sees quite a big opportunity¡± in the U.S., Alistair Dormer, chief executive officer of Hitachi Rail Europe Ltd., said in a recent interview in Tokyo.

¡°When there¡¯s a political change, perhaps as seismic as happened at the moment, I think everyone pauses and says, what is going to happen?¡± Dormer said in Tokyo. ¡°One has to look at what will be the ¡®Buy America¡¯ policy going forward and then we need to decide the right strategy.¡±