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Mota Engil Sells Stake In BAC And Updates EPC Contract Worth USD 425 Mln
China Communications Construction Agrees To Buy 23% Stake In Portugal's Mota-Engil For 169.4 Mln Euros
Mota Engil Wins Three New Deals In Peru For Total Of 125 Mln Euros
Mota Engil SGPS SA is a Portugal-based company primarily engaged in the construction industry. The Company divides its business into three main segments: Engineering and Construction; Environment and Services, and Transport Concessions. In the Engineering and Construction division, it carries out various engineering works, including bridges, railways, ports, airports, dams, highways, roads, canals and tunnels, among others. The Environment and Services division is involved in the management of solid urban and industrial waste; rehabilitation of pipelines and maintenance of buildings, and landscape architecture services, among others. The Transport Concessions division, operated by the Company’s subsidiary Ascendi Group SGPS, is active in the management of motorways and expressways. In addition, the Company focuses on activities in the tourism sector.
Rua Rego Lameiro, No. 38
Antonio Manuel Queiros Vasconcelos da Mota
Non-Executive Chairman of the Board of Directors
Goncalo Nuno Gomes de Andrade Moura Martins
Deputy Chairman of the Board, Chief Executive Officer
Jorge Paulo Sacadura de Almeida Coelho
Independent Non-Executive Deputy Chairman of the Board
Arnaldo Jose Nunes da Costa Figueiredo
Non-Executive Deputy Chairman of the Board
Jose Pedro Matos Marques Sampaio de Freitas
Chief Financial Officer, Executive Member of the Board of Directors
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Portugal's largest builder Mota-Engil is close to sealing a deal to sell a 30% stake in the company to China Communications Construction Co (CCCC), it said on Thursday.
Portugal's largest builder Mota-Engil is in the final stages of negotiations to sell a 30% stake to one of the world's largest infrastructure firms in a deal that would involve a capital hike, it said on Thursday, without naming the potential partner.
The Mexican government is pushing ahead on a priority rail project, awarding on Thursday a 15.5 billion peso ($626 million) contract for a first phase of construction on its "Mayan Train" project, the government said in a statement.
The Mexican government awarded a 15.5 billion peso ($626 million) contract on Thursday covering the first phase of construction for its Maya Train tourist rail project, the government said in a statement.
O Instituto Nacional de Estatística (INE) anunciou que:
Argentina awarded six road projects to five different consortia under its first wave of public-private partnerships (PPP), the Transportation Ministry said on Monday, in a plan expected to bring in $6 billion in investment in the next four years.
Argentina said on Thursday that the combined lowest bids to modernize highways through public-private partnerships had come in 33 percent under the $8 billion investment initially expected by the government.
Argentina said on Tuesday it received 32 bids for six road projects requiring around $8 billion in investment, in a big test of how public-private partnerships (PPPs) can help cash-starved Latin American governments beef up infrastructure.
Argentina received 32 bids from 10 consortia to carry out road projects through public-private partnerships (PPPs), a government official said in a presentation on Tuesday.
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