Portugal’s Mota-Engil expects increased turnover in Mozambique this year

21 March 2011

Lisbon, Portugal, 21 March – Mozambique is one of the markets where this year Portuguese construction group Mota-Engil expects to see increased turnover and profitability, said the group’s chief executive, Jorge Coelho, cited by the Portuguese press.

This year, Coelho said, the group “will see a rise from turnover of 58 million euros to around 150 million euros.”

Mota-Engil recently started a process of mobilisation of resources for construction of the new bridge over the Zambezi River, in the city of Tete, capital of the province of the same name, in central Mozambique, costing an estimated 70 million euros and funded by the Mozambican government and its cooperation partners.

Arnaldo Madaleno, a Mota-Engil group official, said recently that a lot of the geological work to detect the rock layer on which to set the bridge’s pillars had been carried out. The bridge will link the city of Tete to the coal town of Moatize.

The new bridge will help to reduce road traffic on the Samora Machel bride and contribute to increasing the capacity to transport goods to neighbouring countries, particularly Malawi and Zambia, as well as to the Mozambican port of Beira.

The Mozambican government authorities consider the new bridge over the Zambezi, “an important infrastructure that is part of the government’s efforts to make investment being made in Tete province viable.”

Once it is finished, the new bridge will carry all heavy traffic that currently crosses the Samora Machel Bridge, which will be for the exclusive use of light vehicles and pedestrians.

The new bridge, construction of which is due to begin this year, will be managed on the basis of a 30-year concession contract, which will require a toll system to be set up. (macauhub)