Metro lines in Guadalajara, Mexico and Medellín, Colombia will reinforce Portuguese group’s stake in continent’s infrastructure.
Mota-Engil
New concessionaire will guarantee transport of minerals and fuel along corridor, and manage mining terminal at Lobito port.
Having snapped up major trophies like Philips and Mota-Engil, Chinese investors are now homing in on European tech start-ups.
More than 100 ships expected every year; new airport also on drawing board as part of province’s growing infrastructure.
Shareholders can look forward to some return on their investments after lean years caused by the Covid-19 pandemic.
Hi-tech terminal should be finished by 2024, ready to attract cruise passengers who visited in their thousands in pre-pandemic times.
China’s CITIC and CR20 vie with Portugal’s Mota-Engil and DP World of Dubai for chance to run key tri-nation rail export link for next 30 years.
