Kentz wins €48m contract

KENTZ, the Clonmel- headquartered engineering and construction services company, has begun the new year positively, by winning a $69m (€48m) contract to build the main processing plant for a significant new coal project in Mozambique.

The Irish, AIM-listed company’s chief executive, Dr Hugh O’Donnell, yesterday referred to the contract win as “a fantastic award” for Kentz, adding that the company is open and well-positioned to winning further like-minded contracts in the region over the coming years.

“This is the first of many coal projects that are planned for development in the region, which has the largest carboniferous reserves in the world. Kentz is ideally positioned to secure ongoing work over the coming years. This reaffirms our dominant position in the mining sector in sub-Saharan Afica,” he said.