PRZOOM - /newswire/ -
Rueil-Malmaison, Hauts-de-Seine, France, 2015/04/29 - The joint venture led by VINCI Construction Grands Projets alongside Bouygues Travaux Publics by awarding them the contract for the new phase of civil engineering for Line 3 of the Cairo metro between Haroun and El Nozha stations. CAC 40; Euronext 100
• Egyptian authorities maintain confidence demonstrated since 1981;
• Technical innovation a first worldwide for a very short delivery deadline;
• Contract worth €264 million.
The Egyptian authorities have demonstrated renewed confidence in the joint venture led by VINCI Construction Grands Projets alongside Bouygues Travaux Publics, a Bouygues Construction subsidiary, and their Egyptian partners, Orascom Construction and Arab Contractors, by awarding them the contract for the new phase of civil engineering for Line 3 of the Cairo metro between Haroun and El Nozha stations.
The new phase of works (Phase 4A) continues on from Phase 2, which was brought into service in May 2014 more than six months ahead of schedule. Phase 4A consists of 5.15 km of tunnel and five underground stations on Line 3, the east-west link across the Egyptian capital.
The joint venture has committed to a very short design-build delivery deadline of 34 months based on the experience it has acquired over more than 30 years of working on the metro project, the oldest in Africa, and to a technical innovation. In a first worldwide, earth pressure balance tunnel boring machine Imhotep, used for the previous phase, will be modified to operate as a slurry pressure balance machine. This change will generate savings for the joint venture on both its execution time and budget.
The project, worth €264 million, will employ around 3,200 people, mostly Egyptian.
Press contact: Mathieu Carré
P: +33(0)1 30 60 66 39 - E: m.carre[.]bouygues-construction.com.
VINCI (vinci.com) is a global player in concessions and construction, employing more than 185, 000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.
About Bouygues Construction
As a global player in construction and services, Bouygues Construction designs, builds and operates buildings and structures which improve the quality of people’s living and working environment: public and private buildings, transport infrastructures and energy and communications networks. A leader in sustainable construction, the Group and its 53,500 employees have a long-term commitment to helping their customers shape a better life.
In 2014, Bouygues Construction generated sales of €11.7 billion.