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Raleigh, NC, United States, 2018/10/22 - Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has won two design-build contracts to develop two major corridors in North Carolina, United States of America - Eurovia.com / VINCI.com. CAC 40; Euronext 100
· 26 km of express lanes on the I-485 in Charlotte, North Carolina’s main city;
· 4 km of express lanes on the R-2247EB in Winston Salem, North Carolina;
· Total value: €415 million.
Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has won two design-build contracts to develop two major corridors in North Carolina. The two projects, which have a combined value of €415 million (US $480 million), are scheduled for delivery in 2022.
In Charlotte, on the I-485, the work will consist in adding an express toll lane in each direction between the I-77 and I-74 (about 26 km) and an additional free HOV (high-occupancy vehicle) lane. These lanes will improve traffic conditions along a corridor used by 146,000 vehicles a day. This project includes 765,000 m3 of earthworks, the construction of 13 bridges and the laying of 700,000 tonnes of asphalt.
In Winston-Salem (in Forsyth County), the work will involve construction of an interchange over about 4 km on the northern ring-road, near Route 52, which will be widened to six lanes. The project will be optimised to take up less space and reduce the earthworks by more than 1 million m3. It includes 1.5 million m3 of earthworks, the construction of 13 bridges and the laying of 100,000 tonnes of asphalt.
Eurovia has substantial operations in the southeastern part of the United States via its subsidiaries Hubbard Construction and Blythe Construction, especially in Florida, Georgia, North Carolina and South Carolina. In the United States, the company generated €489 million in revenue in 2017.
Eurovia (eurovia.com) is a VINCI Group subsidiary and global leader in transport infrastructure and urban development. It builds roads, motorways, railways, airports and tramways, and develops industrial, commercial and urban facilities. It also delivers all the related services, including demolition, deconstruction, drainage, earthworks, utility networks, signage, bridges, tunnels and noise barriers. Eurovia’s network of industrial plants producing aggregates and other supplies for road and rail construction spans the entire supply chain. The company is operating in 16 countries, employs 39,500 people and generated €8.1 billion in revenue in 2017.
VINCI (vinci.com) is a global player in concessions and contracting, employing close to 195,000 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. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.