VINCI signs first industrial public-private partnership in the French overseas departments and territories (DOM-TOM)

27 January 2009 - New contracts - France

OCIDIM, a wholly-owned subsidiary of VINCI Construction, has signed the first industrial public-private partnership in the French overseas departments and territories (DOM-TOM) with the Reunion Island’s Chamber of Commerce and Industry (CCIR) to build a cereal terminal at Port Réunion, located in the northwest of the island.

The project encompasses the construction of a cereal terminal with a storage capacity of 85,000 m3 distributed among 16 vertical concrete silos and a flat storage building. This new infrastructure complex will be capable of unloading a 40,000-ton ship in five days and will have an annual throughput of 300,000 metric tons of cereals.

The “SAS Terminal Céréalier” consortium consisting of OCIDIM, the Caisse des Dépôts & Consignations and OCEOR (Caisse d’épargne), has contracted to finance, build and maintain for thirty years this facility which will be rented and operated by the Reunion Island’s Chamber of Commerce and Industry after its delivery in 2011.

Work totalling €38 million will take 27 months and be handled by SBTPC and SOGEA Réunion, both Reunion Island subsidiaries of VINCI Construction. Design, engineering and execution of electrical works and automated systems will be carried out by SETB and ACTEMIUM Nutrition, while multi-facilities maintenance will be performed by Optéor, all subsidiaries of VINCI Energies.

This new success is rooted in the synergies existing among the Group’s competencies as well as from VINCI’s powerful position on Reunion Island.

 

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.