VINCI named preferred bidder for the A355 western Strasbourg bypass concession

13 January 2012 - New contracts - France

• A 55-year concession contract
• Total investment of about €750 million

VINCI Concessions, a VINCI subsidiary, has been named by the Ministry for Ecology, Sustainable Development, Transport and Housing (MEDDTL) as the prefered bidder for the concession contract for the A355 western Strasbourg bypass.

The 55-year contract covers the design, financing, construction, operation and maintenance of a new 24 km section of toll motorway. Initially two-lane dual carriageway, the section may be widened to three lanes in each direction without additional land take. It forms the bypass around Strasbourg to the north and west through the Kochersberg region and links the A4 to the A35/A352 junction. The total investment amounts to around           €750 million.

The design-build joint venture will comprise companies from the Group’s three Contracting business lines (VINCI Construction, Eurovia and VINCI Energies). The works are expected to take 52 months.

Operation and maintenance of the section will be carried out by VINCI Autoroutes.

The concession operator’s remuneration will come from the tolls collected.

Throughout the design-build and operation phases, VINCI will dialogue with the project’s stakeholders on environmental, social and economic issues.

 

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.