Portuguese construction group Mota-Engil awarded project worth 165 million euros in Brazil

28 August 2013

Portuguese construction group Mota-Engil has been awarded a construction project in Brazil worth 530 million reals (165 million euros), the group said in a statement issued Monday through Portuguese stock market regulator CMVM.

The project, which involves improving the capacity of a 37.5 kilometre section of road, was awarded in partnership with subsidiary Empresa Construtora Brasil (ECB) and consulting company Engesur Consultoria e Estudos Técnicos.

In the statement the Portuguese group also said that via Mota-Engil Latin America it had been awarded contracts in Mexico, Peru, Colombia and another in Brazil, worth 20 million euros through its subsidiary ECB, to a total value of US$300 million (231 million euros).

The group noted it had recently been awarded its first waste collection contract in the city of Los Cabos, in Mexico, thus diversifying the group’s business in Latin America. (macauhub)