Mota-Engil wins Compostela maintenance
20 July 2022Portugal-based construction Mota-Engil has secured a US$703.71 million public-private partnership contract for the maintenance and operation two motorway sections in Mexico.
The sections are between towns of Compostela and Las Varas as well as between Ramal and Compostela in the southern state of Nayarit and close to the Pacific Ocean and the holiday resort of Puerto Vallarta.
Mota-Engil operates in 24 countries in Europe, Africa and Latin America, with holdings in over 200 companies. Through Lineas and its subsidiaries, the group operates a network of around 2,500km of roads and motorways, including the two Lisbon bridges in Portugal.
Its maintenance and operation activities within Mexico includes the 60km between Perote and Xalapa up to 2053, the 279km APP Tamaulipas up to 2028 and the 128km between Cardel and Poza Rica up to 2045.
Last March, Mota-Engil won a $151.4 million construction project by the Kenyan Urban Roads Authority, KURA.
Related
-
SCG to invest $700 mln more in petrochemicals complex in Vietnam
1 November 2024
-
Saudi Binladin to receive $6bn loan
1 November 2024
-
Neom to tender hydropower contract
31 October 2024
-
Thiess-Khishig Arvin Joint Venture secures three-year mining services contract in Mongolia
31 October 2024
-
QatarEnergy partners with TotalEnergies for 1.25GW solar project in Iraq
30 October 2024
-
Tadweer Group signed agreement for waste to energy plant in Uzbekistan
30 October 2024