Mota Engil SGPS S A : Engil informs about the award of a contract in South Africa in the amount of 240 million euros
November 25, 2020 at 04:53 am EST
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MOTA-ENGIL INFORMS ABOUT THE AWARD OF A CONTRACT IN SOUTH AFRICA, IN THE AMOUNT OF 240 MILLION EUROS
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL) informs about the signing, by its subsidiary for Africa, MOTA- ENGIL ENGENHARIA E CONSTRUÇÃO ÁFRICA, S.A., of a new contract for the preparation, excavation and transport in the "Gamsberg Mine " in the Province of Northern Cape in South Africa.
The contract, now signed with Black Mountain Mining (PTY) Ltd. (BMM, a subsidiary of Vedanta Limited), establishes the start of the works in April 2021 with a maximum duration of 96 months and a total amount of circa of 240 million euros. The activity to be performed will involve site preparation, drilling, blasting, excavation of waste and ore and its transportation to designated dumps and stockpile areas. It also includes the construction and maintenance of roads, dewatering and lighting.
With this new contract in an area of increasing importance for the GROUP ("mining services"), MOTA- ENGIL AFRICA sees its order book strengthened to a record level, supporting a level of sustainability of the GROUP in this period of major challenges for companies due to the global economic context.
Porto, November 25th, 2020
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 25 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2020 09:52:08 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.
MOTA-ENGIL, SGPS, S.A. 
