VINCI has signed an agreement for the Ho Chi Minh City light rail

13 November 2009 - New contracts - Vietnam

VINCI Construction Grands Projets, in a consortium with LOHR Industrie for the rolling stock, has just signed, at a ceremony attended by Prime Minister François Fillon and the Vietnamese authorities, an agreement covering the turnkey construction of the first light rail line in Ho Chi Minh City, Vietnam.

This agreement provides for a first phase of exclusive discussions until 30 June 2010 with a view to signing an ECI (Early Contractor Involvement) design-build contract, a type of contract under which the contractor is involved in the design and studies phase of the project, following which the client and the contractor jointly define the amount of the works contract.

The project covers the design and construction of 12 kilometres of light rail line and 23 stations. The total amount of the project is estimated at €200 million.

VINCI has already built a large number of turnkey transport infrastructure projects, including Lines 1, 2 and 3 of the Cairo metro, the Athens, Rennes and Paris (Line 14) metros and the A86 Duplex highway tunnel in the greater Paris area.

 

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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.