Vinci wins stalled Strasbourg Grand Contournement Ouest deal

French construction group Vinci has been named preferred bidder for construction and operation of the previously canceled western motorway bypass in Strasbourg, northeastern France. Vinci will lead a consortium for the project estimated to need €475 million. The contract will be signed next year with construction to start in 2017, according to a report in the French newspaper Dernieres Nouvelles d’Alsace
November 12, 2015 Read time: 1 min
French construction group 5177 Vinci has been named preferred bidder for construction and operation of the previously canceled western motorway bypass in Strasbourg, northeastern France.

Vinci will lead a consortium for the project estimated to need €475 million. The contract will be signed next year with construction to start in 2017, according to a report in the French newspaper Dernieres Nouvelles d’Alsace

The win for Vinci is especially sweet because it comes two years after winning the same contract, but which was cancelled, for the 24km tolled A355 Grand Contournement Ouest, a public-private partnership deal. The plan was cancelled because of a lack of secure financing.

World Highways reported in March 2012 that the project was expected to cost up to €756 million, compared with the original estimate of €400 million quoted during the call to tender in 2009.

Construction was to have started in 2013 for opening by early 2017 at the latest.
Finance & Funding

For more information on companies in this article

Related Content

  • Salini sells paving division of Lane Construction to Eurovia
    August 28, 2018
    The transaction is subject to clearance by regulatory authorities. Closing and payment are expected in thefourth quarter of 2018. The sale is in line with Salini Impregilo’s plan to consolidate its growth strategy in large, complex infrastructure projects in the United States by exiting from non-core and non-strategic activities. With the sale, Lane Construction will continue to be one of the leading companies in the country in transport, tunnelling and water projects, with annual revenue expected at
    Read More
  • Poland plans promise projects
    July 6, 2012
    The Polish General Directorate for National Roads and Motorways (GDDKiA) plans to announce over 30 tenders for road investments during the first half of 2009. GDDKiA's budget for 2009 is estimated at €7.68 billion. Among others, a tender will be called for the construction of a ring road around the Polish town of Krasnik and for the construction of the S19 road from Miedzyrzec Podlaski to Lubartow, which will also include the construction of two ring roads around Kocek and around Wola Skromowska. GDDKiA is
    Read More
  • Gordie Howe Bridge opening date set
    January 15, 2024
    The bridge connecting Detroit in the US state of Michigan and Windsor in the Canadian province of Ontaria will open in September next year.
    Read More
  • Bullish IronPlanet predicts strong sales for 2015
    February 19, 2015
    Auction operation IronPlanet says that 2014 has proved to be a strong year for its business development. The company has grown significantly since it began as an idea in a Harvard Business School working group, which suggested an online auction business to buy and sell machines. And six years from its move to expand into EMEA, the company says it has sold over US$ 3 billion worth of used equipment worldwide.
    Read More

Highlighted Content