Mota-Engil signs $1.8 billion Congo rail concession contract for Lobito Corridor link
Reuters2026/08/26 15:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mota-Engil signed a 30-year rail concession in the Democratic Republic of Congo via its Mota-Engil Africa unit.
- Mandate covers operation, modernization, rehabilitation, and maintenance of the Dilolo–Sakania section of the Lobito Corridor, about 1,037 km.
- Project links Zambia’s border at Sakania to Angola’s border at Dilolo, connecting mines in Lualaba and Haut-Katanga to Lobito port.
- Planned investment over the contract term seen at about USD 1.8 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mota-Engil SGPS SA published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.
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