Mota Engil SGPS S A : Engil, S.G.P.S., S.A. informs on the signing of a contract in Ivory Coast amounting to circa of 600 million US Dollars
December 12, 2022 at 05:53 am EST
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MOTA-ENGIL INFORMS ON THE SIGNING OF A CONTRACT IN IVORY COAST AMOUNTING TO CIRCA OF 600 MILLION US DOLLARS
MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL") informs that its subsidiary for the African region has signed a mining contract in Ivory Coast with Endeavour Mining PLC worth circa of 600 million USD.
Lafigué project is in the north-central part of Ivory Coast approximately 500 km from Abidjan, within the northern-end of the Oumé-Fetekro greenstone belt, and close to the village of Lafigué.
The mining services to be carried out by MOTA-ENGIL under the contract includes mine development, pit dewatering, free digging, drilling, blasting, loading, and hauling of ore and waste. The works are scheduled to start in December 2023 and will have a duration of 60 months.
With this award, the GROUP continues reinforcing its backlog adding a new relevant medium and long term contract.
Porto, December 12, 2022
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 12 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 December 2022 10:52:04 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. 
