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VINCI Named Preferred Bidder for the A355 Western Strasbourg Bypass Concession - VINCI Concessions, a VINCI subsidiary, has been named by the Ministry for Ecology, Sustainable Development, Transport and Housing (MEDDTL) as the prefered bidder for the concession contract for the A355 western Strasbourg bypass - VINCI.com
VINCI Named Preferred Bidder for the A355 Western Strasbourg Bypass Concession

 

PRZOOM - /newswire/ - Paris, France, 2012/01/13 - VINCI Concessions, a VINCI subsidiary, has been named by the Ministry for Ecology, Sustainable Development, Transport and Housing (MEDDTL) as the prefered bidder for the concession contract for the A355 western Strasbourg bypass - VINCI.com. CAC 40; Euronext 100

   
 
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• A 55-year concession contract;
• Total investment of about €750 million.

The 55-year contract covers the design, financing, construction, operation and maintenance of a new 24 km section of toll motorway. Initially two-lane dual carriageway, the section may be widened to three lanes in each direction without additional land take. It forms the bypass around Strasbourg to the north and west through the Kochersberg region and links the A4 to the A35/A352 junction. The total investment amounts to around €750 million.

The design-build joint venture will comprise companies from the Group’s three Contracting business lines (VINCI Construction, Eurovia and VINCI Energies). The works are expected to take 52 months.

Operation and maintenance of the section will be carried out by VINCI Autoroutes.

The concession operator’s remuneration will come from the tolls collected.

Throughout the design-build and operation phases, VINCI will dialogue with the project’s stakeholders on environmental, social and economic issues.

 
 
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Agency / Source: VINCI

 
 

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VINCI Named Preferred Bidder for the A355 Western Strasbourg Bypass Concession

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VINCI |
Contact: Maxence Naouri - VINCI.com 
+33 1 47 16 31 82 maxence.naouri[.]vinci.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VINCI securities in any jurisdiction including any other companies listed or named in this release.

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