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

  • Property issues holding back start of work on Gordie Howe Bridge
    July 19, 2016
    Delays in buying properties in Detroit, Michigan, could hold up construction of the proposed 3.2km Gordie Howe International Bridge that will link the US city to Windsor in Canada. A report by the Detroit Free press said that around 30 of the estimated 900 parcels of land in the city’s Delray district could pose potential problems if owners resist selling the sites to the bridge’s developers. The newspaper noted that Dwight Duncan, interim chair of the Windsor-Detroit Bridge Authority - the Canadian e
    Read More
  • BC again eyes Massey Tunnel replacement
    December 21, 2020
    The aging 61-year-old Canadian tunnel is about 30km north of the US state of Washington.
    Read More
  • Autostrade del Lazio awards Sacyr company SIS the Roma-Latina deal
    July 15, 2016
    SIS, a subsidiary of Spanish contractor Sacyr, has won a €2.8 billion contract to build and operate the 186km Roma-Latina motorway in Italy. Autostrade Del Lazio, a public company created to build and manage the motorway, awarded the public private partnership contract, officially called Corridoio intermodale Roma-Latina e collegamento Cisterna-Valmontone. The SIS Scpa consortium, which consists of Sacyr (49%) and Fininc di Torino (51%), will build-operate-maintain the highway over 50 years. Revenue i
    Read More
  • Czech minister Tok warns Eurovia to speed up D1 bridge repairs
    January 8, 2015
    The Czech transport minister has given construction firm Eurovia until April to start repairs on two bridges it built or face having its bank guarantees withdrawn. Transport Minister Dan Tok, who until December was the chief executive of Skanska in the Czech Republic, said he would call for a new tender for the repairs if no action is taken by Eurovia, according to a report by the Czech internet news portal iDNES. Tok said that the road bridges constructed six years ago on the D1 motorway slip road in
    Read More

Highlighted Content