Mota Engil : informs about contract award in Ivory Coast by an amount that could reach 140 million euros
January 22, 2018 at 05:34 pm IST
Share
MOTA-ENGIL INFORMS ABOUT CONTRACT AWARD IN IVORY COAST BY AN AMOUNT THAT COULD REACH €140 MILLION
MOTA-ENGIL S.G.P.S., S.A. (MOTA-ENGIL), through a company 60% owned by MOTA-ENGIL ÁFRICA, S.G.P.S.,
S.A. (MOTA-ENGIL ÁFRICA), announces the award of a contract for the design, construction and operation of a landfill and the possibility for screening and biogas energy production in Abidjan, Ivory Coast.
The abovementioned contract will involve an estimated amount of circa € 140 million (which includes an estimated variable component of circa € 40 million that depends on the tons moved), a duration of 7 years for a total capacity of 8.2 million tons and the construction component valued at circa € 48 million will be executed by MOTA-ENGIL ÁFRICA.
With this award, MOTA-ENGIL reinforces its order book with a long-term contract and strengthens its waste activity in Africa.
Porto, January 22th, 2018
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
Mota-Engil SGPS SA published this content on 22 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 January 2018 12:04:00 UTC.
Original documenthttp://en.mota-engil.pt/content/download/168672/862454/version/2/file/Comunicado22janeiro2018aterroCostaMarfimvi.pdf
Public permalinkhttp://www.publicnow.com/view/A7959BB3F47D364E775448D56087712AB4ACA7A6
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.