VINCI wins a new railway contract in France
11 März 2024 - 5:45PM
VINCI wins a new railway contract in France
Nanterre, 11 March 2024
VINCI wins a new railway contract in
France
- Renewal of 800 km of track in the
French railway network
- A 7-year contract including two
years of optional works
- A contract worth around €700
million
As part of the programme to transform and
upgrade its French railway network, SNCF Réseau has awarded to
VINCI Construction – through its subsidiary ETF – work package 4 of
the industrial regeneration contract.
The contract, which is worth €700 million –
based on economic conditions in July 2023 – covers upgrading over
800 km of track and ballast throughout France by the end of 2030.
This infrastructure regeneration project will help improve the
regularity and increase the frequency of train movements.
The works will be carried out using several
mobile factory trains to regenerate tracks at an industrial pace
using the fast-sequencing method. Some 150,000 hours of work will
be devoted to professional integration and training programmes
during the seven years of the programme.
ETF will be able to draw on its long-standing
experience in this type of specialist work, having already upgraded
1,750 km of railway track.
About VINCIVINCI is a global player in
concessions, energy and construction, employing 280,000 people in
more than 120 countries. We design, finance, build and operate
infrastructure and facilities that help improve daily life and
mobility for all. Because we believe in all-round performance,
above and beyond economic and financial results, we are committed
to operating in an environmentally and socially responsible manner.
And because our projects are in the public interest, we consider
that reaching out to all our stakeholders and engaging in dialogue
with them is essential in the conduct of our business activities.
VINCI’s ambition is to create long-term value for its customers,
shareholders, employees, partners and society. www.vinci.com
This press release is an official information document of the
VINCI Group.
PRESS CONTACTVINCI Press DepartmentTel: +33 (0)1
57 98 62 88media.relations@vinci.com
- CP VINCI_Régénération industrielle SNCF
Réseau_20240311_EN
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