Mota-Engil CEO criticises public tenders based on lowest price and warns of worsening real estate market

Sunday, 15 March 2026RSS
Mota-Engil CEO criticises public tenders based on lowest price and warns of worsening real estate market

The real estate market may face new difficulties. The president of the country's largest construction company, Mota-Engil, criticises public tenders and warns of potential consequences for the sector. Carlos Mota Santos also predicts that rising fuel prices will put pressure on construction costs, which could be reflected in a new price hike in the housing market.

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