Vinci Wins Germany Road Contract
21 Julio 2021 - 11:30AM
Noticias Dow Jones
By Ed Frankl
Vinci SA said Wednesday that it has been awarded a
public-private partnership contract by German highways agency Deges
for a new road in Germany.
The French construction company said the 30-year partnership
represents a total investment of about 500 million euros ($589.7
million), including around EUR350 million for the design,
financing, construction and maintenance of the 22-kilometer
road.
The new route on the B247 highway connects Muehlhausen and Bad
Langensalza in Thuringia, eastern Germany.
Construction will last around four years and be carried out by
Vinci Construction entities in Germany, while operations and
maintenance will be performed by Vinci Highways.
About 15,000 vehicles a day are expected to take the road,
including about 15% heavy trucks.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
July 21, 2021 12:25 ET (16:25 GMT)
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