The company reinforces its presence in Peru by winning a contract for the construction of the Callao Port. The deal is valued at around $200 million (€165.4 million).
Mota-Engil continues to gain prominence in South America. The Portuguese construction company won a contract in Peru for the construction of the Callao Port, with an estimated value of $200 million (approximately €165.4 million).
“MOTA-ENGIL S.G.P.S., S.A. (“MOTA-ENGIL”) announces the award, to its subsidiary MOTA-ENGIL PERU, of a new contract with DP World, a major multinational logistics company operating in Peru, in an amount of circa of 200 million USD,” says the Portuguese company in a statement sent to the Securities and Exchange Commission (CMVM).
At stake is the construction of Phase 2B of the Callao Port, in Peru. Work there will start immediately. According to the same statement, this project will have a completion period of 33 months.
With this contract, Mota-Engil “significantly strengthens its backlog with private multinational customers and promotes the recovery of the group’s turnover in a region especially affected by the current pandemic crisis,” the press release said.