Rueil Malmaison,
VINCI awarded the PPP contract of the new B247 federal road in
- First federal road to be delivered and operated under a PPP scheme in
Germany - A 30-year PPP representing a total investment of about €500 million
- Works carried out by
VINCI Construction - Operations and maintenance performed by VINCI Highways, subsidiary of
VINCI Concessions
DEGES, the public body in charge of developing transport infrastructure in
The 30 years PPP represents a total investment of about €500 million including about €350 million for the construction phase, and covers the design, financing, construction, maintenance and operation of a new 22 km-long federal road. Design and build also include additional 6 km of crossing sections. Income of
As a new and direct connection, the project will improve mobility in North-East Thuringia and ease access to the region’s highway system. It will also increase road safety and improve the quality of life for the local residents by relieving traffic from the existing road that crosses right through the neighboring cities. About 15.000 vehicles per day are expected to take the new road, including around 15 % heavy trucks.
Construction works will last about 4 years and will be carried out by
As the first German federal road ever attributed to a private operator under a PPP scheme, this project keeps increasing VINCI Concessions’ leadership as Germany’s first road concessionaire with 5 PPPs, in synergies with
In
About
https://www.vinci-concessions.com/en/
About
www.vinci-construction.com/en
About VINCI
VINCI is a global player in concessions, construction and energy businesses, employing more than 217,000 people in some 100 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.
www.vinci.com/en
This press release is an official information document of the
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Attachment
- CP VINCI_B247_20210721_VA
© OMX, source