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VINCI Signs the A355 Western Strasbourg Bypass Concession Contract - VINCI has signed the 54-year concession contract with the Ministry for Ecology, Sustainable Development, Transport and Housing to design, finance, build, operate and maintain the 24km western Strasbourg bypass - VINCI.com
VINCI Signs the A355 Western Strasbourg Bypass Concession Contract

 

NewswireToday - /newswire/ - Rueil-Malmaison, Hauts-de-Seine, France, 2016/02/02 - VINCI has signed the 54-year concession contract with the Ministry for Ecology, Sustainable Development, Transport and Housing to design, finance, build, operate and maintain the 24km western Strasbourg bypass - VINCI.com. CAC 40; Euronext 100

   
 
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• A 54 year contract;
• An environmentally-friendly, innovative contract serving the region.

VINCI has signed the 54-year concession contract with the Ministry for Ecology, Sustainable Development, Transport and Housing to design, finance, build, operate and maintain the 24km western Strasbourg bypass. The dual two-lane carriageway section connects the A4/A35 in the north with the A352/A35 junction in the south.

Without public subsidy, VINCI will entirely finance the project, geared towards improving mobility and safety by smoothing flow around Strasbourg. The design-build works, which will take 56 months to complete, will be carried out by a joint venture consisting of Dodin Campenon Bernard, VINCI Construction Terrassement, Eurovia, VINCI Construction France and VINCI Energies. Ingérop, CBDI and IUR will provide project engineering

During the design and construction phase, the project, which represents an investment of around €500 million, will generate around 1,000 direct and indirect jobs as an average per year over the duration of the work. The goal will be to use local skills and maximise the involvement of Alsatian businesses.

Furthermore, the project covers a full range of sustainable development measures, with strong environmental action taken during construction and introduction of an environmental management plan covering the entire duration of the concession. Lastly, a multimodal hub will be set up for motorists and public transport users to facilitate connections with other regional transport modes.

Once construction is completed, the operation, the toll collection and maintenance of the infrastructure will be carried out by a dedicated VINCI Autoroutes subsidiary. It will use state-of-the-art facilities (traffic control and monitoring, intermodal car parks, car sharing) and smart services.

About VINCI

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.

 
 
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Written by / Agency / Source: VINCI

 
 

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VINCI Signs the A355 Western Strasbourg Bypass Concession Contract

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VINCI | Western Strasbourg Bypass
Publisher Contact: Paul-Alexis Bouquet - VINCI.com 
paul-alexis.bouquet[.]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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