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| Vinci wins contract for Liefkenshoek rail link in the Port of Antwerp The Locorail consortium, made up of Vinci Concessions (25%), the Belgian company CFE (25%) in which Vinci has a 47% stake, and the Dutch company BAM PPP (50%), has been awarded the concession contract for a Liefkenshoek rail link in the Port of Antwerp in Belgium. The grantor, Infrabel, manages the rail infrastructure in Belgium. The public-private partnership contract is worth a total amount of €841 million and is for a duration of 42 years. It covers the design, financing, construction and maintenance of a two-lane 16.2 km rail link including a bored tunnel. The infrastructure will provide an additional link between the right and left banks of the Escaut River in the Port of Antwerp, where goods transport is undergoing strong expansion. The new infrastructure will reduce travel distances by 22 km and relieve traffic congestion in the area. The works will begin at the end of 2008 and will be completed in mid-2013. write your comments about the article :: © 2008 Construction News :: home page |