Mota Engil SGPS S A : Portugal's Moto-Engil to build Nigeria-Niger rail line - minister
January 11, 2021 at 11:44 am
Share
LAGOS, Jan 11 (Reuters) - Portugal's largest builder
Mota-Engil has won the contract to build a railway
line between Nigeria and neighbouring Niger, Nigeria's
Transportation Minister Rotimi Amaechi said on Monday.
The contract, which will link the northern Nigerian city of
Kano with Niger's Maradi, is expected to be worth nearly $2
billion, according to a budget approved by Nigeria's Federal
Executive Council last year.
"Today, we signed the contract documents for the
commencement of the Kano-Maradi, Kano-Dutse railway project,"
Amaechi wrote in a tweet.
Mota-Engil had also agreed to build a university as part of
the agreement, he added.
The scheme 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 government, under 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.
A separate project seeks to connect the Nigeria's commercial
hub Lagos and Kano.
(Reporting by Alexis Akwagyiram; Writing by Joe Bavier; Editing
by Andrew Heavens)
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.