ABUJA, July 10 (Reuters) - Portugal's largest builder
Mota-Engil has signed an 840 million-euro ($920.05 million)
contract to supply and finance railway rolling stock in Nigeria,
strengthening its order book in Africa, the company said on
Monday.
The contract is part of a $2 billion rail construction
project connecting Nigeria and neighbouring Niger in the north,
Mota-Engil said in a statement.
"The contract reinforces the commitment of the Nigerian
government to improve the regional connectivity and the economic
development in the north of the country, and strengthens the
capacity of Mota-Engil Group to support that development effort
in this region of Africa," the company said.
A consortium led by Mota-Engil, and two Chinese ventures,
were short-listed by Nigeria's Lagos state for a $2.5 billion
bridge in November.
Nigeria's government, under former President Muhammadu
Buhari, has sought to rebuild the impoverished north of the
country, parts of which have been ravaged for the past decade by
Islamist insurgents.
The project is part of a government plan to build rail
networks across Nigeria to address the poor transport
infrastructure that has stymied economic growth for decades.
Nigeria's ministry of transportation didn't immediately
respond to request for comment.
($1 = 0.9131 euros)
($1 = 0.9130 euros)
(Reporting by Elisha Bala-Gbogbo; Editing by Sharon Singleton)
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. 
