VINCI named concessionaire of the A-Modell A5 motorway section in Germany

10 February 2009 - New contracts - Germany

- A 30-year Public-Private Partnership (PPP) contract
- An investment of about €600 million

The German government, via the state of Baden-Württemberg, has named the consortium led by VINCI Concessions concessionaire of the A-Modell A5 motorway section between Malsch and Offenburg in south western Germany. The existing 60-kilometre section is to be refurbished, and a 41.5-kilometre portion of it is to be widened to a dual three-lane carriageway.

The project, which has an estimated value of €600 million, covers financing, design and refurbishment/widening works as well as operation and maintenance for a period of 30 years. The concessionaire will be remunerated on the basis of heavy goods vehicle (over 12 tonnes) traffic, as measured by the Toll Collect satellite toll system.

The work, which will take five years to complete, will be carried out by a consortium of construction companies led by VINCI subsidiary, Eurovia Germany (50%).

This contract is the last of the four A-Modell concession pilot projects launched by the German government in 2005 and is the second won by VINCI Concessions, following the A4 Thuringe project in 2007. This success further consolidates the Group’s operations in Germany, where it generated revenue of over €1.7 billion in 2008.

 

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.