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21 Oct 2014

EIC holds workshop on “Prospects for European Contractors on the African Construction Market”

EIC held its Autumn General Assembly with a workshop on “Prospects for European Contractors on the African Construction Market” in Porto on 17 October.

Following keynote speeches by Portugal's Vice Prime Minister Paula Portas and Angola's Finance Minister Armando Manuel, a distinguished panel discussed opportunities and risks for European contractors on the African continent as well as different finance concepts to realise projects there.

Mota-Engil chairman António Mota shared his experience of more than 60 years of activity as a contractor in Africa, Roland Berger partner António Bernardo added the perspective of an independent consultant whereas DG DEVCO's Director for Sustainable Growth, Roberto Ridolfi, outlined how the European Commission is adjusting its Project Delivery Mechanisms in Development Cooperation. The European Investment Bank, represented by Francisco de Paula Coelho, Director of the Department for Operations in Asia and Latin America, outlined its current use of blending mechanisms. 

All speakers engaged in lively discussions with the conference participants moderated by the President of EIC's Portuguese member federation FEPICOP, Ricardo Pedrosa Gomes,