Engexpor ups activity in Brazil

One of Portugal’s largest construction and civil engineering services companies, Engexpor is beefing up its presence in Brazil with construction projects in energy, airports, tourism and shopping malls.

On Tuesday it announced that it was strengthening its activity in Brazil with the recent addition of 10 large construction firms to its portfolio of projects under management, estimating that the Brazilian market will represent around 25% of the €16 million turnover that it estimates to achieve this year.
The engineering services company says that most of the work that it is managing and supporting has been to do with the construction of the solar park complex that Enel Green Power is developing in Arinos in Minas Gerais that will cover 1,203 hectares, and will be made up of over 1 million solar panels and have a installed capacity of 607M.
In the transports sector, Engexpor has won project management contracts for seven airports operated by Vinci Airports in the north of Brazil in the cities of Manaus, Tefé and Tabatinga (Amazonia), Rio Branco and Cruzeiro do Sul (Acre), Porto Velho (Rondônia) and Boa Vista (Roraima) with the renovation and expansion of these airports slated to complete in the last quarter of 2024.
The company’s CEO, Miguel Alegria says “the size of Brazil means that we can continue growing and strengthening our activity in a market with huge potential and to be involved in large projects and in sectors that in Portugal are now seeing buoyant activity such as renewables and airports.
Speaking his mind recently on events in Portugal, Miguel Alegria criticised the Portuguese Government’s ‘More Housing Package’ saying the compulsory rental of unoccupied properties for affordable rents, Portugal’s tax regimes, and slow and complicated planning processes not only made it difficult for developers to build affordable housing, but also scared off investors.