Vinci JV Wins EUR799 Million Construction Contract
16 May 2020 - 3:31AM
Dow Jones News
By Olivia Bugault
Vinci SA said Friday that a joint venture, 75% of which is made
up of its subsidiaries, has won a contract worth 799 million euros
($863 million) for the construction of the first section on a new
line of the subway connecting Paris and its surrounding areas.
The construction-and-infrastructure company said the
contract--part of the Grand Paris Express program--was awarded by
Societe du Grand Paris is for the construction of 11.8 kilometers
of tunnels and three stations for a line that will in part link
Orly Airport to Massy-Palaiseau station.
"The Vinci Group is also working on other Grand Paris Express
works packages through specialist activity subsidiaries of Vinci
Construction, Eurovia and Vinci Energies," it said.
Spie Batignolles represents the remaining 25% of the joint
venture, Vinci added.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
May 15, 2020 13:16 ET (17:16 GMT)
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