Mota Engil considers further Polish investment

Martifer Polska, 50% owned by the Portuguese construction giant Mota Engil, is considering building a second steel construction plant in Poland at the cost of EUR10 million, Joao Rodrigues, the firm's president, said yesterday. So far Mota Engil has invested EUR11 million in Poland. A steel plant in the Katowice Special Economic Zone (SSE) is currently under construction. "One of the main reasons for investing in Poland is its strategic location as well as the possibility of providing services to neighboring countries" said Rodrigues. He added that Brno in the Czech Republic is an alternative location for the investment. "If the conditions, negotiated with the Czech side are comparable with the ones offered by Poland, we will choose Poland" said Rodrigues. The construction would begin in 2005. (Parkiet, p. 5) A.Z.