Mota Engil SGPS S A : Engil, S.G.P.S., S.A. informs about the signing of two railway contracts in Mexico and in Colombia in the total amount of 1.7 billion and the change of the turnover outlook for the year 2022
November 16, 2022 at 08:19 am EST
Share
MOTA-ENGIL INFORMS ABOUT THE SIGNING OF TWO RAILWAY CONTRACTS IN MEXICO AND IN COLOMBIA IN THE TOTAL AMOUNT OF €1.7 BILLION AND THE CHANGE OF THE TURNOVER OUTLOOK FOR THE YEAR 2022
MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL") informs that, in consortium, has signed a Public Private Partnership ("PPP") railway contract with inflation linked availability payments of € 1.2 billion over 38 years in Mexico and a railway construction contract for € 450 million (2020 real figures) in Colombia.
The Mexican railway PPP contract includes the design, construction, rolling stock and financing of the urban mass transit electric train system of the Line 4 of the Metro of Guadalajara with an approximate length of 21 km and 8 stations. After the construction period, the consortium will be exclusively responsible for the operation of the fare collection system. The availability payments are inflation linked and do not have any demand risk. This project is expected to serve initially about 117,000 daily passengers, that will grow to 230,000 connecting Guadalajara and Tlajomulco de Zúñiga in the south part of Guadalajara metropolitan area. This project is the third one that MOTA- ENGIL is executing for the Guadalajara Metro network.
The Colombian railway construction contract includes design, civil works, and train supply of the "Metro de la 80" in Medellin with a length of 13 km, 17 stations and the capacity of 179,400 daily passengers. The construction price is adjusted according to the local inflation. This project will especially benefit the western part of the city of Medellin, improving mobility and positively transforming public space, estimating to reduce annually the emission of 132 thousand tons of CO2 into the atmosphere.
The award of these two projects reflects the winning strategy of MOTA-ENGIL to consolidate its presence as one of the main contractors in the railway sector in Latin America. With the award of these projects, MOTA-ENGIL will develop three important urban mobility projects (including the Line 4, 5 and 6 of Monterrey LRT system) in 3 of the top 50 cities in Latin America.
1
Currently, MOTA-ENGIL is executing 8 railway projects in Latin America, 6 in Mexico, 1 in Colombia and 1 in Panama corresponding to a total of 657 km, of which 347 km are new construction and 310 km regards to rehabilitation. These projects provide for different technical solutions, namely traditional diesel trains, electric trains, light railway trains fully autonomous or with driver, as well as monorail.
Furthermore, it is worth to highlight the recent signing of new contracts of lower amounts in other regions, which, together with the other projects announced during the year, allows us, on this date, to ensure that the GROUP will maintain its backlog at a record level, supporting the growth of Turnover (surpassing the outlook disclosed in the Report and Accounts for the 1st half to the end of the current year) which should exceed 30%, with the consequent consolidation of the GROUP'S main financial indicators.
Porto, November 16, 2022
THE REPRESENTATIVE FOR THE MARKET RELATIONS
LUÍS SILVA
2
Attachments
Original Link
Original Document
Permalink
Disclaimer
Mota-Engil SGPS SA published this content on 16 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 13:18:03 UTC.
Mota-Engil, SGPS, S.A. is a group organized around 6 sectors of activity:
- Engineering and Construction: Mota-Engil, SGPS, S.A. has developed construction projects in some fifty countries and is present on three continents (Europe, Africa and Latin America) where it has asserted its technical competence and reputation, excelling in the construction of various infrastructures such as roads, freeways, airports, ports, dams and railroads ;
- Industrial Engineering Services: the group has capitalized on its recognized presence and experience since 1998, with a proven ability to operate in numerous markets, reflected in medium-term contracts of between three and eight years;
- Environment: Mota-Engil, SGPS, S.A. began its activities in the environmental sector in Portugal in 1995, through the company SUMA in the urban waste management and collection segment, and added its skills to those of the company EGF, a leader in waste treatment and recovery. Internationally, Mota-Engil is increasingly developing its activities in this sector, in markets such as Angola, Mozambique, Cape Verde, Brazil, Oman and Côte d'Ivoire;
- Mota-Engil Capital: a business unit whose aim is to optimize value creation for the group through investment diversification, underpinned by integrated management of a range of assets and projects complementary to the Engineering, Construction and Environment segments.
- Mota-Engil Mext: unit responsible for differentiated areas such as Real Estate, Agroforestry Production and Energy. It also aims to strengthen investment in innovation and accelerate global transformation;
- Concessions: Mota-Engil, SGPS, S.A. operates, through Lineas and its subsidiaries, a network of some 2,500 km of roads and freeways, including the two bridges of the city of Lisbon. The business extends to international markets, mainly in Latin America.
Mota Engil SGPS S A : Engil, S.G.P.S., S.A. informs about the signing of two railway contracts in Mexico and in Colombia in the total amount of 1.7 billion and the change of the turnover outlook for the year 2022
MOTA-ENGIL, SGPS, S.A. 
