Mota Engil SGPS S A : Engil informs about the award of a new concession with a construction contract worth 240 million euros in Mexico
December 09, 2020 at 09:25 am EST
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MOTA-ENGIL INFORMS ABOUT THE AWARD OF A NEW CONCESSION WITH A CONSTRUCTION CONTRACT WORTH 240 MILLION EUROS IN MEXICO
MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL") informs that the State of Mexico has awarded MOTA-ENGIL MEXICO ("MEM") a 30-year concession contract for the construction, operation, conservation and maintenance of the highway Tultepec-AIFA-Piramides.
This highway besides being an important ring road for Mexico City connecting three main highways that access the city through the north, it will also be one of the accesses to the new International Airport Felipe Angeles. This 27 km road concession in which MOTA-ENGIL has 100% share includes 240 million euros of design and build construction contract that will be executed by MEM.
This new contract increases the backlog of MOTA-ENGIL in the region thus balancing the total volume of future works between the three regions which already surpasses the 6 billion euros level, reaching a new record.
Porto, December 9th, 2020
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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Mota-Engil SGPS SA published this content on 09 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2020 14:24:00 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. 
