Mota-Engil with €4Bn in contracts
Portugal’s largest and most successful international construction giant Mota-Engil is gaining ground internationally in terms of current project contracts worth €4Bn.
One large contract to build a bridge in the Nigerian capital of Lagos is worth around €1.9Bn.
According to Jornal Económico, Mota-Engil currently has contracts worth around €4Bn in the pipeline, mostly large projects.
The company is also achieving contracts over a wide geography, with the prospects for new contracts being awarded not just in Portugal, but also in Africa and Central America.
At home, the construction company, headed by António Mota and Gonçalo Moura Martins, is about to sign a €133 million contract for the water distribution network in Lisbon.
The civil engineering company is also well placed to build the new Todos os Santos hospital for eastern Lisbon (Hospital Lisboa Oriental) and is already on the shortlist in a project worth €334 million. It is also expected to win the tender for the railway construction project ‘South International Corridor’ between Évora and Elvas worth €86 million.
Infraestructuras de Portugal expects that the new line to be completed in December 2023. The railway connection between Elvas and Évora will be integrated into the Sines – Badajoz line, as the Southern International Corridor, which includes the Évora-Elvas/Caia (Spanish border). The overall €530 million project will ensure freight transport services between Port of Sines, in the Alentejo region, and Spain. When the project is completed, the route between Sines and Caia will be reduced by 140 km and travel time by 3.30 hours, allowing the movement of 750-m freight trains on the line.
Internationally, the company has won a tender worth US$570 million in Ghana for the construction, refurbishment and expansion of the Accra-Tema motorway and extensions covering a total of 27.7km and which will take place over 48 months.
The company has also been adjudicated a new contract in Mozambique to do with an oil and gas project with the consortium CCSJV worth US$51 million (€42 million) which will involve the building of 12 buildings required for the operations of the main activities of a future refinery.
Other projects include the Grand Market at Bouaké in Ivory Coast and the refurbishment of the Felix Houphouet-Boigny Stadium also in Ivory Coast as well as infrastructures for the Gamsberg Mine in South Africa.