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| Vinci named preferred bidder for the A355 western Strasbourg bypass concession Vinci, the leading French building and civil engineering company, said its subsidiary, Vinci Concessions, has been named by the Ministry for Ecology, Sustainable Development, Transport and Housing (MEDDTL) as the prefered bidder for the concession contract for the A355 western Strasbourg bypass. The 55-year contract covers the design, financing, construction, operation and maintenance of a new 24 km section of toll motorway. Initially two-lane dual carriageway, the section may be widened to three lanes in each direction without additional land take. It forms the bypass around Strasbourg to the north and west through the Kochersberg region and links the A4 to the A35/A352 junction. The total investment amounts to around €750 million. The design-build joint venture will comprise companies from the Group's three Contracting business lines (Vinci Construction, Eurovia and Vinci Energies). The works are expected to take 52 months. Operation and maintenance of the section will be carried out by Vinci Autoroutes. The concession operator's remuneration will come from the tolls collected. write your comments about the article :: © 2012 Construction News :: home page |