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

  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Province halts planned Vancouver bridge to replace Massey Tunnel
    September 14, 2017
    Canada’s province of British Columbia has stopped procurement for a proposed 10-lane US$2.8 billion bridge to replace the ageing George Massey Tunnel near Vancouver. Local media said the province would pay $1.65 million to two of the three shortlisted consortia which had already submitted bids for what is officially called the George Massey Tunnel Replacement project.
    Read More
  • Province halts planned Vancouver bridge to replace Massey Tunnel
    September 14, 2017
    Canada’s province of British Columbia has stopped procurement for a proposed 10-lane US$2.8 billion bridge to replace the ageing George Massey Tunnel near Vancouver. Local media said the province would pay $1.65 million to two of the three shortlisted consortia which had already submitted bids for what is officially called the George Massey Tunnel Replacement project.
    Read More
  • Indonesia set for major PPP infrastructure tendering round
    March 10, 2015
    The Indonesian government is getting ready to tender for major infrastructure projects including roads to be developed under public-private partnership (PPP) contracts, the Jakarta Post reported. Public Works and Public Housing minister Basuki Hadimuljono said in Jakarta that the first priorities would be on the 94km Balikpapan-Samarinda toll road, the 7km Manado-Bitung toll road in North Sulawesi and a drinking water treatment system project in western Semarang, central Java. The projects will prove that P
    Read More

Highlighted Content