France agrees motorway upgrade deals with Vinci, APRR and Sanef

The French government has inked an agreement with infrastructure groups Vinci, APRR and Sanef for a major €800 million motorway investment plan. The agreement encompasses 32 upgrading projects for highway interchanges and 25 construction projects to provide motorway service stops devoted to car-pooling. Minister of State for Transport Alain Vidalies, who signed the agreement, said the first projects could start by the end of this year. Work will be paid for partly from toll increases between 0.1-0.4%
February 2, 2017 Read time: 1 min
The French government has inked an agreement with infrastructure groups 5177 Vinci, 6532 APRR and 4757 Sanef for a major €800 million motorway investment plan.

The agreement encompasses 32 upgrading projects for highway interchanges and 25 construction projects to provide motorway service stops devoted to car-pooling.

Minister of State for Transport Alain Vidalies, who signed the agreement, said the first projects could start by the end of this year. Work will be paid for partly from toll increases between 0.1-0.4% from 2019-21, according to a report by the newspaper Les Echos.

APRR, a subsidiary of Eiffage, manages around 2,300km of motorways and toll structures under concessions awarded by the French government.
Finance & Funding

For more information on companies in this article

Related Content

  • Romania set to start Sebes-Turda motorwa construction
    November 7, 2014
    Construction of the proposed Sebes-Turda motorway will start by the end of November, according to Eugen Cecan, director of Romania’s Regional Administration for Roads and Bridges. Cecan made the announcement in Cluj, the second most populous city in Romania after the capital Bucharest and considered the unofficial capital to the historic province of Transylvania. Cost of the 70km project is around US$500.34 million (€400 million), with 85% coming from the European Union as grants and the central gover
    Read More
  • Malaysia hopes Pan Borneo Highway will boost Borneo’s economy
    July 2, 2015
    Malaysian prime minister Datuk Seri Najib Tun Razak said the toll-free Pan Borneo highway should trigger economic growth in Sarawak state which has been held back by the lack of a good road network. Razak was speaking at the signing of a memorandum of understanding between federal government officials, officials from the state of Sarawak and infrastructure company Lebuhraya Borneo Utara Sdn. The event took place in the federal administrative capital Putrajaya, around 25km from the capital city Kuala L
    Read More
  • Acquisition move for tolling firm specialist
    August 21, 2012
    The Sanef Group has made a healthy offer to CS for the acquisition of its intelligent transportation system (ITS) operations. The deal relates specifically to the ITS Business Unit, which employs approximately 220 people and recorded a revenue of € 31.4 million in 2011. Sanef is a global service road infrastructure provider, focussing on mobility.
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More

Highlighted Content