French construction group 5177 Vinci has been named preferred bidder for construction and operation of the previously canceled western motorway bypass in Strasbourg, northeastern France.
Vinci will lead a consortium for the project estimated to need €475 million. The contract will be signed next year with construction to start in 2017, according to a report in the French newspaper Dernieres Nouvelles d’Alsace
The win for Vinci is especially sweet because it comes two years after winning the same contract, but which was cancelled, for the 24km tolled A355 Grand Contournement Ouest, a public-private partnership deal. The plan was cancelled because of a lack of secure financing.
World Highways reported in March 2012 that the project was expected to cost up to €756 million, compared with the original estimate of €400 million quoted during the call to tender in 2009.
Construction was to have started in 2013 for opening by early 2017 at the latest.
Vinci will lead a consortium for the project estimated to need €475 million. The contract will be signed next year with construction to start in 2017, according to a report in the French newspaper Dernieres Nouvelles d’Alsace
The win for Vinci is especially sweet because it comes two years after winning the same contract, but which was cancelled, for the 24km tolled A355 Grand Contournement Ouest, a public-private partnership deal. The plan was cancelled because of a lack of secure financing.
World Highways reported in March 2012 that the project was expected to cost up to €756 million, compared with the original estimate of €400 million quoted during the call to tender in 2009.
Construction was to have started in 2013 for opening by early 2017 at the latest.
