Mota Engil SGPS S A : Engil informs about a new contract in Mozambique worth 365 million USD
April 28, 2020 at 06:43 am EDT
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MOTA-ENGIL INFORMS ABOUT A NEW CONTRACT IN MOZAMBIQUE WORTH 365 MILLION USD
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) hereby informs about the signing of a new contract, by MOTA- ENGIL ENGENHARIA E CONSTRUÇÃO ÁFRICA, S.A. (MOTA-ENGIL AFRICA), in a 50/50 partnership with BESIX, related to the Liquefied Natural Gas (LNG) project in Cabo Delgado, Mozambique.
The project, whose client is CCS JV, includes the construction of a pier bridge and an offloading facility in a total amount of circa of 365 million dollars. The works will last 32 months, starting in the first half of 2020, being this the first contract awarded by CCS JV in the scope of exploration of Area 1 of the LNG project.
This new project in Mozambique, which will be one of the largest LNG projects in the world in the next decade, confirms this country as one of the main drivers of the commercial dynamics of MOTA-ENGIL ÁFRICA in the continent, highlighting the importance that the LNG project has and will continue to have in MOTA-ENGIL's activity evolution.
Porto, April 27th, 2020
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 27 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2020 10:42:03 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.
MOTA-ENGIL, SGPS, S.A. 
