Nigeria's Lagos shortlists Mota-Engil, Chinese ventures for $2.5 billion bridge
November 27, 2022 at 10:04 am EST
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LAGOS (Reuters) - A consortium led by Portugal's builder Mota-Engil and two Chinese ventures has been shortlisted by Nigeria's Lagos state to build a $2.5 billion bridge that is expected to relieve severe congestion in the mega city, an official said on Sunday.
The 37 kilometre Fourth Mainland Bridge, will be built under a public-private partnership. It will include three toll plazas, nine interchanges and a design speed of 120 kilometres per hour, said Jubril Gawat, a senior spokesperson for the Lagos state governor.
Mota-Engil is partnering with China Communication and Construction Corporation and China Road and Bridge Corporation in the bid.
China Gezhouba Group Company and China Geo-Engineering Corporation joint venture and a consortium led by China Civil Engineering Construction Corporation are the two other shortlisted bidders.
The winner of the bid will be announced before the end of the year, said Gawat.
(Reporting by MacDonald Dzirutwe;Editing by Elaine Hardcastle)
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.