Rueil-Malmaison,
VINCI completed the financing of the PPP of the new B247 federal road in
- First federal road to be built and operated under a PPP scheme in
Germany - A 30-year PPP representing a total investment of about €500 million
On
This 30-year PPP represents a total investment of about €500 million, and covers the design, financing, construction, maintenance and operation of the new 22-km road. Design and build also include additional 6 km of crossing sections. Income of
Works, estimated at around €350 million, will begin on
With a daily estimated traffic of 15.000 vehicles, including around 15% heavy trucks, the new road will fluidify mobility in North-East Thuringia, improve road safety and the quality of life for the local residents by relieving traffic from the existing road that crosses right through the neighboring cities.
As the first German federal road ever attributed to a private operator under a PPP scheme, this project also reinforces VINCI Concessions’ leadership as Germany’s first road concessionaire with 5 PPPs, in synergy with
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, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible 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. VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.
www.vinci.com
This press release is an official information document of the
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Attachment
- CPVINCI_Concessions_bouclageB247_20210923_EN
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