France-based infrastructure group 5177 Vinci has submitted a bid to construct a new section of the A 20 motorway in Germany between Bad Segeberg and Bremerhaven. The works will include a near 6.5km-long tunnel under the river Elbe between Glückstadt and Drochtersen and a section of the A 26 motorway to Hamburg.
The bid by Vinci provides for a private-public-partnership model under which Vinci and the German government would share the estimated project cost of around €2 billion. According to Vinci's bid, construction is due to start in 2015 and completion is scheduled for 2020.
For its investment, Vinci would obtain a large part of the HGV toll charged on the newly built motorway. Furthermore, the new Elbe tunnel would be a toll tunnel. The toll, which is likely to be €2 per passenger car and €12 per truck, would also go to Vinci. The German government would become the owner of the newly built motorway and tunnel after 50 years.
The bid by Vinci provides for a private-public-partnership model under which Vinci and the German government would share the estimated project cost of around €2 billion. According to Vinci's bid, construction is due to start in 2015 and completion is scheduled for 2020.
For its investment, Vinci would obtain a large part of the HGV toll charged on the newly built motorway. Furthermore, the new Elbe tunnel would be a toll tunnel. The toll, which is likely to be €2 per passenger car and €12 per truck, would also go to Vinci. The German government would become the owner of the newly built motorway and tunnel after 50 years.
