VINCI denies abandoning the western Strasbourg bypass project

5 June 2012 - New contracts - France

VINCI has been informed by the State of its decision to withdraw its status as preferred bidder for the A355 western Strasbourg bypass concession contract.
VINCI takes note of this decision and

points out that several banks had already confirmed their participation in the financing of the project. The extension of the preferred bidder status beyond 28 May 2012 would have enabled the last two financial institutions to confirm their participation in the project and finalise the financing arrangements within the maximum authorised timeframe.

 

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.