Page 20 - Sinergia 56 | 2020

INSTITUTIONAL
INSTITUTIONAL
MOTA-ENGIL WITH NEW CONTRACTS
WORTH 670 MILLION EUROS
HONDURAS IS A NEW MARKET THAT WILL BEGIN IN 2020.
The Mota-Engil Group announced, at the end of 2019, a set of new contracts in Angola, Guinea-Conakry, Mexico and Honduras, the latter being the first contract in Mota-Engil’s history in this market.
W ith a strategy of commercial revitalisation in the
infrastructure sector, and with a special focus on segments of activity with medium and long-term contracts,
the Mota-Engil Group announced, at the end of 2019, a set of new contracts
in Angola, Guinea-Conakry, Mexico and Honduras, the latter being the first contract in Mota-Engil’s history
in this market.
THE HONDURAS DEBUT
In Latin America, a region where
the Group has expanded its activity significantly over the last decade, since it expanded its activity beyond Peru, where it began in 1998, Mota-Engil
is now a regional investor in several sectors of activity, with a predominance in Construction, Environment, Concessions and, more recently, in Energy, expanding its activity from the most relevant markets such as Mexico, Peru, Brazil and Colombia to other markets in the region.
Thus, after evaluating the project, Mota-Engil decided to enter Honduras for the first time, signing a contract worth 195 million euros for 36 months to build a new hydroelectric plant called El Tornillito, with an installed capacity of 194 MW.
NEW CONTRACT IN ANGOLA
In Angola, the Group announced, at the end of 2019, a new contract amounting to around 115 million euros, with an estimated duration of 30 months, for
the execution of three main activities: completion of the northern pumping system, construction of the irrigated perimeter of Calueque and construction of a hybrid generation plant. It is expected that this project’s full financing will be ensured by an export credit agency, in line with the model that has been increasingly followed in recent years in Angola.
THE STRENGTHENING IN MINING
With an accumulated experience and
20