Tuesday, August 19, 2014

Mota-Engil leads race for the privatization of EGF – Business Journal – Portugal

Mota-Engil leads race for the privatization of EGF – Business Journal – Portugal

According to the Economic Daily, the government has not yet made a final decision and negotiations among the four candidates and Parpública and Águas de Portugal will continue. The winner will be announced in early September.

The Mota-Engil is ahead in the process of privatization of EGF (Empresa General de Fomento), the business of waste Águas de Portugal. The news is being advanced by the Economic Daily this Tuesday, August 19th.

The proposal of the Portuguese group is just “slightly ahead, but ahead on all criteria” previously defined by notebook charges the privatization of EGF, the newspaper said.

The Government received four proposals by the end of July by EGF. Besides the Mota-Engil – through the subsidiary SUMA – are also in the race to Spanish FCC, led by Esther Koplowitz, Indaver also Belgian and Portuguese DST

Experience in collection and selection of waste sector. urban solid, is one of the criteria that the group led by Gonçalo Moura Martins (pictured) leads. The fact that the Mota-Engil working with national banks can also help tip the scales favorably.

However, says the Economic Daily, the government has not yet made a final decision and negotiations between candidates and Parpública and Águas de Portugal will continue. The winner will be announced in early September.

The Environment Minister, Jorge Moreira da Silva, recently revealed in an interview with Business, be confident in the successful sale of EGF.

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