Vinci Awarded 30-Year Waterway Contract

VinciConstruction multi-national Vinci (UK readers will recognise their ownership of Norwest-Holst and Taylor Woodrow) has been awarded a 30-year contract by VNF to modernise and maintain installations on the Aisne and the Meuse.

At a value of 270 million euros, this is a significant element in VNF’s modernisation strategy, and includes satisfying environmental, ecological and hydropower performance criteria, building 29 new barrages and updating two others. Vinci will finance, design, construct and maintain – the design and construct period will take seven years.

Source – Agence Option Finance

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