Teixeira Duarte and CSCEC Group sign contract to develop real estate project in Oeiras

“TEIXEIRA DUARTE, S.A.” and “CSCEC – China Construction Portugal, SA” – a Portuguese company integrated in the Group led by the “China State Construction Engineering Corporation” – formalized a partnership for the development of a real estate project in Oeiras, Portugal, which is officialized through a contract for the sale of shares corresponding to 50% of the capital stock of a subsidiary of the Teixeira Duarte Group, that held, for long time, the land where the project will be implemented. The indicated disposal of shares for the aforementioned “CSCEC – China Construction Portugal, S.A.”, reported to the market on july 23rd, was made for the amount of 31.1 million euros, and has an estimated impact on the results of “Teixeira Duarte, S.A.” of about 22.2 million euros.

The project will be made up of several office buildings, housing and commerce, integrated in a large green park, in a model that is intended to be a reference for life balance, innovation and sustainability.

The Minister for Maritime Affairs visits Angeiras Pier construction site at Matosinhos

The construction site of the Harbour in the Fishing Zone of Angeiras, being carried out by Teixeira Duarte – Engenharia e Construções, S.A., welcomed the Minister for Maritime Affairs, Ana Paula Vitorino on 25 June. The construction of the pier at the port of Angeiras, stretching 488 metres, is intended to provide better harbour and safety conditions to vessels when navigating their approach and departure for fishing, and should be completed within 18 months.

The work started in July 2018 and was suspended in October due to adverse weather conditions. After restarting in March 2019, the works have been completed on schedule, and the body of the pier is almost completed using rockfill (rocks used to contain the sea).

The next phases of the works will include completing constructing the head of the pier using “antifer-type” 10-tonne concrete blocks and construction of the concrete superstructure in the crown, throughout the entire length of the structure. A light will also be installed at the end of the pier for maritime signalling.

After the “Remodelling Works of the Western Pier of the Tavira Sandbar”, concluded in December 2017, this is another landmark maritime project in Portugal. A new undertaking is now being looked at, and is already under contract: the “Extension of the Interior Breakwater at Peniche Port”. The work will be carried out by Docapesca – Portos e Lotas, S.A., and is expected to start this September.

Read the report about the Minister’s visit by Porto Canal here.

New cargo transfer operation of the Hercilio Luz bridge

Another decisive step for the Hercílio Luz bridge restoration project began on Monday, June 3rd. The new load transfer process, which takes place over four nights, will make 80% of the bridge’s weight again supported by the structure itself. .

Watch here the story by “ND Mais” about the first night of the operation, as well as the video of “RIC TV”.

SOMAFEL starts operation in Gabon

SOMAFEL – Engenharia e Obras Ferroviárias, S.A. (SOMAFEL) has signed an agreement with SETRAG – Société d’Exploitation du Transgabonais, a company belonging to the French group ERAMET, to carry out ballast correction and heavy mechanical tamping works for the Transgabonais railway in Gabon, a railway line 670 km long connecting the capital city, Libreville, with Franceville, further inland.

The contract is for three years and is financed by SFI – Société Financière Internationale, a member of the Groupe de la Banque Mondiale, by PROPARCO, a branch of the AFD (Agence Française de Développement), and by SETRAG itself.

The contract fits within the development strategy of the French mining and metalwork group ERAMET, which is aiming to develop the manganese and gold mine at Moanda, Gabon, one of the two best mines for these minerals in the world, with long-term deposits.

The preparation works are currently under way at SOMAFEL’s central site in Portugal, including the works needed to migrate the equipment being deployed from Iberian gauge (1,668 mm) to international gauge (1,435 mm).

During May, the necessary equipment will be transported to Gabon, and crews should be mobilised by June and works will start at the beginning of July, both 2019.

This makes Gabon the 8th market where SOMAFEL is currently active, alongside Portugal, Algeria, Brazil, France, Morocco, Mozambique and the UK.

The AEC Cluster signs s Sectoral Pact with the Ministry of the Economy

Last month, the AEC Cluster – Architecture, Engineering and Construction, managed by the Portuguese Technological Platform for Construction (PTPC), signed a Sectoral Pact for Competitiveness and Internationalisation with the Ministry of the Economy. These Sectoral Pacts contain a set of new initiatives in the domains of the digitalisation of industries (i4.0), qualification of human resources, consolidating the country’s factors of external appeal, as well as the internationalisation and promotion of research and development.

The AEC Cluster – Architecture, Engineering and Construction is a platform that brings together knowledge and skills from the Construction sector. It comprises partnerships and networks that are made up of companies, business associations, public entities and non-business entities within the Research and Innovation System, all of whom share a common strategic vision to become more competitive through cooperation and economies of agglomeration. The PTPC has managed the AEC Cluster since 2016.

The signing ceremony of the Sectoral Pacts for Competitiveness and Internationalisation made between the Ministry of the Economy and 3 of the 20 Clusters recognised by IAPMEI featured presentations by the Prime Minister, the Deputy Minister, and the Minister of the Economy. On behalf of the AEC Cluster, the PTPC was represented by Ms Rita Moura, of Teixeira Duarte – Engenharia e Construções, S.A., President of this association.

The full photographic report of the event is available here.