Bloomberg News

Mota Says It Has Been Awarded $1.2 Billion of Orders in Africa

February 03, 2012

Feb. 3 (Bloomberg) -- Mota-Engil SGPS SA, Portugal’s biggest construction company, said it has been awarded new contracts in Malawi and Angola that total $1.2 billion.

The Portuguese company will build a railway line in Malawi for Vale SA that is due to be completed in 27 months and is worth $703 million, Oporto, northern Portugal-based Mota-Engil said in a regulatory filing. That railway will be part of the Moatize coal mining project’s Nacala Corridor.

Mota will also be part of the group building the Calueque dam in Angola. Other orders in Angola include a project to expand Sonangol EP’s gas stations and real estate projects.

To contact the editor responsible for this story: Joao Lima at jlima1@bloomberg.net


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