Mota Engil SGPS S A : Engil, S.G.P.S., S.A. informs on the award of a concession contract in Mexico amounting to 580 million euros
June 21, 2022 at 07:05 am EDT
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MOTA-ENGIL INFORMS ON THE AWARD OF A CONCESSION CONTRACT IN MEXICO AMOUNTING TO €580 MILLION
MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL") informs that its subsidiary MOTA-ENGIL MEXICO has been awarded
a concession contract, in Nayarit, Mexico, for the Design, Built, Operation and Maintenance of 55 km with a
total value of 12.4 billion pesos (€580 million).
The project comprises 26 km of greenfield construction, 18 km of works to be completed and 11km of initial rehabilitation. The expected construction period is of 2 years and the maintenance and operation of 8 years with a total of 10 years.
The project does not have any traffic risk and has a natural hedge against inflation since the availability payments are updated by the real inflation rate.
This award confirms MOTA-ENGIL as a reference player in the construction and operation of infrastructure in Mexico and strengthens the GROUP'S concession portfolio and its backlog in the American continent.
Porto, June 21, 2022
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2022 11:04:09 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. 
