Portuguese infrastructure group Mota-Engil, which is partly owned by China Communications Construction Company has signed a railway contract in Mexico worth US$1.3 billion in partnership with China Railway Rolling Stock Corporation (CRRC).
Mota-Engil Mexico and CRRC signed the contract providing for the construction of Lines 4, 5 and 6 of the Monterrey subway, covering 36 kilometres.
The project is expected to take five years and “will contribute to improving the mobility solutions of the Monterrey city”, the group added.
“With the award of this project, Mota-Engil consolidates its position in Mexico as one of the main railway players.”
Headquartered in Beijing, CRRC has 46 wholly-owned and majority-owned subsidiaries with over 170,000 employees.
CRRC is the world’s largest supplier of rail transit equipment and its main businesses cover the R&D, design, manufacture, repair, sale, lease and technical services for rolling stock, urban rail transit vehicles, engineering machinery, all types of electrical equipment, electronic equipment and parts, electric products and environmental protection equipment.
China Communications Construction Company is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including highways, bridges, tunnels, railways (especially high-speed rail), subways, airports, oil platforms, and marine ports.