Portugal's Mota-Engil wins tender to build, operate immersed tunnel in Brazil

Mota-Engil, SGPS

05/09/2025 21:02

SAO PAULO, Sept 5 (Reuters) - Portuguese engineering firm Mota-Engil Latam Portugal MOTA.LS has won the tender process for the construction and operation of Brazil's first underwater tunnel, Brazil's exchange operator B3 announced on Friday.

The project, which will connect the coastal cities of Santos and Guaruja in São Paulo state, is estimated to require investments of around 7 billion reais ($1.29 billion) and will receive up to 5.1 billion reais in public funding.

($1 = 5.4212 reais)

 (Reporting by Alberto Aleriji Jr; Writing by Isabel Teles
Editing by Matthew Lewis)

 ((Isabel.Teles@thomsonreuters.com;))