Brief: Mota-Engil Signs 1.66 Bln Euro Concession Contract Of High-Speed Railway Line In Portugal

Mota-Engil, SGPS

29/07/2025 14:32

July 29 (Reuters) - Mota Engil SGPS SA MOTA.LS:

SIGNS CONTRACT FOR AWARD OF FIRST PHASE OF HIGH SPEED RAILWAY PROJECT CONCESSION IN PORTUGAL

CONTRACT VALUE AMOUNTING TO 1.66 BILLION EUROS

CONTRACT THROUGH CONSORTIUM LUSOLAV-GESTAO DE ALTA VELOCIDADE WHERE MOTA-ENGIL HOLDS 45% STAKE

CONCESSION TERM UNDER AVAILABILITY REGIME AMOUNTS TO 30 YEARS, OF WHICH 5 YEARS FOR CONSTRUCTION  AND 25 YEARS FOR MAINTENANCE

DURING CONSTRUCTION STAGE PROJECT TO ALSO BENEFIT FROM EUROPEAN UNION FUNDS OF 480 MILLION EUROS

CONCESSION INCLUDES DESIGN, PROJECT, CONSTRUCTION AND FINANCING

BEGINNING OF WORKS BY END OF 2025

Source text: https://tinyurl.com/3suntadr

Further company coverage: MOTA.LS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))