Vinci Gets $3 Billion Contract for Section of Paris Transport Project
13 July 2023 - 5:43PM
Dow Jones News
By Pierre Bertrand
Vinci said Thursday that it has been awarded the first
design-build contract as part of a larger consortium for a section
of the Grand Paris Express, a major transport project in the region
of Paris.
The contract, worth 2.71 billion euros ($3.02 billion), covers
the first section of Line 15 West, the French construction company
said.
The project entails the design and construction of 14 kilometers
of tunnels, five underground stations and 16 service buildings,
Vinci said.
It will link the western Parisian metro station Pont de Sevres
with the French capital's La Defense financial district.
The consortium includes several of Vinci's companies including
Vinci Construction and Vinci Energies.
The transport line is expected operational at the end of 2031,
Vinci said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
July 13, 2023 03:28 ET (07:28 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Vinci (PK) (USOTC:VCISY)
Historical Stock Chart
From Dec 2024 to Jan 2025
Vinci (PK) (USOTC:VCISY)
Historical Stock Chart
From Jan 2024 to Jan 2025