Mota Engil SGPS S A : informs on awards in Latin America worth more than €350 Million
May 23, 2024 at 06:01 am
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MOTA-ENGIL INFORMS ABOUT CONTRACT AWARDS IN LATIN AMERICA WORTH MORE THAN €350 MILLION
Mota-Engil S.G.P.S., S.A. ("MOTA-ENGIL") informs that its subsidiaries in Latin America signed new contracts worth more than €350 million.
MOTA-ENGIL PERU, S.A. signed two new contracts worth c.€150 million with Peru's Government. The first contract envisages the construction of a road bridge in the province of San Martin, with an execution period of 36 months. The second contract is related to maintenance services of a 450 km road network in the province of Juliaca - Puno, and with an expected duration of 60 months.
With these contracts, MOTA-ENGIL has won c.€420 million of new contracts in 2024 in Peru, which is one of its core markets.
Furthermore, MOTA-ENGIL also won several new infrastructure contracts in the region that amount to €200 million, thus reinforcing its presence in Latin America, a strategic market where at March, the GROUP had a backlog of €4.2 billion.
Porto, 23 May 2024
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
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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.