Sacyr Somague will lead a consortium of construction companies that will redo the jetties for both the commercial and recreational ports of Vila do Porto on the island of Santa Maria in the [...]
The Sino-Portuguese multi-national construction giant Mota-Engil may be close to winning the contract to build Portugal’s largest hospital in the east of Lisbon. The Lisboa Oriental Hospital will [...]
The Portuguese International construction company Mota-Engil which has or has had major projects in Latin America, Africa and Eastern Europe, has posted profits of €22 million for 2021. That [...]
Building costs have hit a new record in Portugal according to the latest statistics from Portugal’s National Statistics Institute (INE). The New Housing Construction Costs Index displayed an [...]
The Portuguese-Sino construction company Mota-Engil has won contracts worth US$162.4 in Uganda. The company which operates on four continents, made the announcement via the Portuguese stock [...]
A swanky new luxury Porto apartment block with homes fetching up to €2.5 million is already 90% sold off plan. There are only two apartments left (€600,000) in Miramar Tower, with starting prices [...]
The cost of building new build homes has risen 8.5% in the past 12 months in Portugal according to the National Statistics Institute (INE). The reasons? The rising cost of and supply problems for [...]
Real estate developers in Portugal have welcomed the government’s decision to finally, after years of lobbying, to reduce value added tax on new build for affordable rent. Over the past 10 years, [...]
The Portuguese construction giant Mota-Engil is to issue €75 million in sustainable debt through non-qualified bonds. The subscription period starts today and takes place at the same time as two [...]
The company which manages Portugal’s airports, ANA – Aeroportos de Portugal (Vinci Group) has warned that if the latest plan to build an airport at Montijo is rejected by local authorities, [...]