Mota Engil SGPS S A : Engil informs of a new contract worth 636 million euros in Mexico
April 23, 2020 at 03:03 pm EDT
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MOTA-ENGIL INFORMS ON A NEW CONTRACT WORTH €636 MILLION IN MEXICO
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) hereby informs about the adjudication to MOTA-ENGIL MÉXICO in a partnership, leaded by MOTA-ENGIL with 58%, with China Communications Construction Company, of a new contract for the construction of the first stretch of the new railway infrastructure known as "Tren Maya" in Mexico.
The contract will total circa €636 million and includes the construction of a 228 km stretch of the mentioned infrastructure - the largest public railway investment project in recent years in Latin America - which will support the promotion of the economic activity of 5 states in the south of the country (Tabasco, Campeche, Yucatán, Quintan Roo and Chiapas).
This important award demonstrates the GROUP's technical capabilities in railway construction, already shown in several geographies, and reinforces the presence of MOTA-ENGIL as an essential player in the Mexican market and in the Latin America region.
By achieving this relevant commercial goal in Mexico, MOTA-ENGIL reinforces the balance of its activity between the three regions where it operates and confirms sustainability of its business and strong commercial dynamics, even in times of pandemic.
Porto, April 23rd, 2020
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 23 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2020 19:02:08 UTC
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.