Mota Engil : informs that won contracts in Africa worth 520 million dollars
September 26, 2017 at 03:00 pm EDT
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MOTA-ENGIL WON CONTRACTS IN AFRICA WORTH 520 MILLION DOLLARS
MOTA-ENGIL S.G.P.S., S.A ("MOTA-ENGIL") informs that MOTA-ENGIL AFRICA won a project in Mozambique for the Brazilian mining company, Vale, amounting to 445 million dollars and MOTA-ENGIL ANGOLA signed a contract in Angola for the Luanda Local Government, worth 76 million dollars.
The contract in Mozambique includes the execution of mining services involving drilling, explosives supply, loading and transport of barren and coal, in Vale's Moatize coal mining project. Vale, one of the largest mining companies in the world and ranks #1 amongst Latin American companies is headquartered in Brazil and is present in five continents.
The works in Angola include the renovation of the streets of Luanda, including the repair of holes, sidewalks and curbs, the placement of traffic signs and the cleaning of sewage collectors, among other services and supplies (3rd phase).
Porto, 26 September 2017
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
Mota-Engil SGPS SA published this content on 26 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 September 2017 18:59:01 UTC.
Original documenthttp://en.mota-engil.pt/content/download/168598/860642/version/2/file/Comunicado26setembro2017Valevi.pdf
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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.