Vinci Consortium Gets EUR200 Million Vietnam Waste Water Contract
29 April 2019 - 4:39PM
Dow Jones News
By Nathan Allen
Vinci SA (DG.FR) said Monday that it has signed a 200 million
euro ($222.8 million) contract to design and build a
wastewater-treatment plant in Vietnam's Ho Chi Minh City as part of
a consortium.
The French construction group holds a 50% stake in the
consortium and will act as lead contractor, while a subsidiary of
Spain's Acciona SA (ANA.MC) holds the remaining 50%, Vinci
said.
Design and construction of the plant, which will treat waste
water from the Nhieu Loc-Thi Nghe Basin, should take around five
years, after which the consortium will operate and maintain the
facility for a further five years.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 29, 2019 02:24 ET (06:24 GMT)
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