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

  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More
  • Colombia: Toyo Tunnel award to be made in September
    July 15, 2015
    The contract award for Columbia’s 9.75km Toyo Tunnel project will be made on September 28, according to Columbian media. The tunnel, costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas. World Highways reported in January that the central government will contribute $216 million towards the project, the regional government of Antioquia department will contribute $337 million and the Medellin city government will pitch in with $212 million. Columbia’s N
    Read More
  • Chinese firms to work on Serbia’s Corridor 11 project
    November 30, 2015
    Serbia and China have signed a memorandum of understanding for construction of two sections of Serbia’s Corridor 11. The MoU was inked in during Serbian Prime Minister Aleksandar Vucic’s visit to the Chinese capital Beijing last week. Serbia’s Tanjug news agency reported that Vucic said the deal was worth around €209 million and included construction of the 18km Surcin-Obrenovac bridge. Corridor 11 runs from the Serbian capital Belgrade southwest to the border with Montenegro, another member state of
    Read More
  • Strasbourg's tolled highway project moves ahead
    May 18, 2012
    Plans are moving forward in France for the beltway project around the city of Strasbourg. This tolled highway project is now expected to cost up to €756 million, compared with the original estimate of €400 million quoted during the call to tender in 2009. Vinci won the concession for the link. Should the project progress according to schedule, construction work could commence in 2013. The highway would then be opened to traffic in late 2016 or early 2017. The 24km highway is intended to features two lanes
    Read More

Highlighted Content