3. - Zagope
3. - Zagope 3. - Zagope
123In Algeria, where Zagope operates since 2006,there has been a slowdown in the release ofnew contracts as well as delays in the entryinto force of newly awarded contracts, dueto the combination of internal factors and ofthe impact of the international crisis over theAlgerian economy. 2010 followed the sametrend as 2009, with no relevant new projects forpublic works released. In this scenario, Zagopeconcentrated its activities in the execution ofongoing works, namely the construction of astretch of the Algiers Subway; the TransrhumelBridge, in Constantine; gas pipelines in the westof the country; the Fishing and Leisure Port inJijel; and a sanitary landfill site to serve the cityof Algiers.The year of 2011 brings expectations of newpublic tenders, particularly starting in thesecond semester, with reflexes on the turnoverestimated for the company in 2012.Cameroon is going through an importantpolitical and economic moment. The new politiccycle has contributed to the beginning of manyworks, as is the case with the 85km road ofNgaoundéré-Mbéré,in the north of the country,a project that counts with Zagope’s expertise.In Spain, Zagope worked simultaneously inthree projects: the Novelle and Fonte Quentetunnels, both part of the High Speed Line –Platform for the North-Northwest High SpeedCorridor – Vigo-Pontevedra Axis; and thefinal stages of execution of the Burata Tunnel(Tunnel and Emergency Gallery), part of thePlatform for the North-Northwest High SpeedCorridor – Ourense-Santiago Axis, Ourense-Amoeiro segment. All projects were part of theexpansion of the High Speed Railway line in theAutonomous Community of Galiza.In Equatorial Guinea, Zagope has reinforced itsposition and widened its scope of activity in sucha scale as to be currently considered a referenceamong other companies, particularly in the publicconstruction sector. In 2010 the company startedthe Mongomeyen Urban Project as well as theMongomeyen-Nsok Nsomo – Ebebeyin Highway,with 63km of extension; and also concluded theworks at the Mongomeyen International Airport.ZAGOPE – Construções e Engenharia, S.A. | Annual Report 2010
4In 2010 the Group started infrastructure works inLibya. Four important projects had been awardedin 2009, all in the city of Tripoli: Souq Al-jummah,Saraj, Gargarej and Fellah. These projects includethe design and execution of water, sewage anddraining infrastructures and paving, in a total areaof approximately 4 200 hectares. The conflictstriggered in the country in February 2011 ledto an evacuation of all expatriate staff in thecountry and to the suspension of all constructionactivities. The process took place in an orderedmanner and with no relevant incidents. We awaitthe normalisation of the internal politic scenarioto restart the execution of the works.1/Algiers Subway(Algeria)2/Constantine Bridge(Algeria)3/Mongomeyen – Ebebeyin Highway(Equatorial Guinea)4/Ourense Railway Tunnel(High Speed Line)(Spain)5/New Urbanisation of Mongomeyen(Equatorial Guinea)522 / 23
- Page 4 and 5: Index1. 2.Chairman’s Statement 06
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- Page 11 and 12: Executive BoardLeandro de Aguiar (1
- Page 13 and 14: ZAGOPE SGPSENGINEERINGNOVAZAGOPEINV
- Page 15 and 16: AG CultureOVER6,000employeesUNITED
- Page 17: Mainindicators22.15%144.63%162.73%1
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- Page 38 and 39: PortugalPortugalConcession of Douro
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4In 2010 the Group started infrastructure works inLibya. Four important projects had been awardedin 2009, all in the city of Tripoli: Souq Al-jummah,Saraj, Gargarej and Fellah. These projects includethe design and execution of water, sewage anddraining infrastructures and paving, in a total areaof approximately 4 200 hectares. The conflictstriggered in the country in February 2011 ledto an evacuation of all expatriate staff in thecountry and to the suspension of all constructionactivities. The process took place in an orderedmanner and with no relevant incidents. We awaitthe normalisation of the internal politic scenarioto restart the execution of the works.1/Algiers Subway(Algeria)2/Constantine Bridge(Algeria)3/Mongomeyen – Ebebeyin Highway(Equatorial Guinea)4/Ourense Railway Tunnel(High Speed Line)(Spain)5/New Urbanisation of Mongomeyen(Equatorial Guinea)522 / 23
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