VINCI named preferred bidder for the PPP* for the closing section of the Antwerp ring road

2 January 2008 - New contracts - Belgium

The Noriant consortium formed by VINCI, as lead company, through VINCI Concessions (35%) and CFE and its subsidiaries, Aanneming Van Wellen and Dredging International NV (14%), in association with Besix NV (25%), Cordeel ZT NV (11%), Fabricom GTI NV (10%) and Victor Buyck Steel Construction (5%), has just been declared preferred bidder for the concession to operate the Oosterweelverbinding by BAM, the public sector entity in charge of the plan to construct Antwerp’s new infrastructures.
The project, which will take the form of a 39-year Public-Private Partnership agreement, relates to the design, financing, building and maintenance of 30 km of traffic lanes in the north-west of Antwerp. In particular, its aim is to increase mobility in the Antwerp port area, by completing the western part of the ring road.
Construction work should last four years and should begin at the end of 2008 after the final negotiations for the conclusion of the contract. It will include the construction of a river tunnel, a two-level bridge, interchanges and a toll station.
This new success is a further illustration of the relevance of VINCI’s integrated concession and construction model, combined with its strong local roots and high-profile track record in specialised civil engineering.

 

VINCI is the world’s leading integrated construction and concession group. Its 142,500 employees’ task is to finance, design, build and operate infrastructure that enhances everyone’s life in more than 70 countries. In 2006, the Group booked revenue of €26 billion and a net profit of €1.3 billion.

* PPP: Public-Private Partnership

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 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, we are committed to operating in an environmentally, socially responsible and ethical 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. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.