Mota Engil won the biggest contract ever since its foundation 70 years ago.
“Following up on the announcement by Sundance Resources Ltd, an Australia listed company, Mota-Engil informs that, through its subsidiary Mota Engil Engenharia e Construção África SA, has been awarded a contract for Engineering, Procurement and Construction (EPC) in the amount of 3.5 billion dollars (approximately 2.6 billion euros)”.
The contract includes the construction of 580 kms of railroad (510 kms in the Republic of Cameroon and 70 kms in the Republic of Congo) and of a deep-sea water port (China max ships) in the Cameroon.
These projects are part of the iron-mining project Mbalam-Nabeba, a very important infrastructure undertaking for the region.
Construction is expected to start in mid-2015 and to last around 42 months.