Vinci has won a rail contract worth almost €1 billion in New Zealand
Posted on July 19, 2019 at 5:14 pmUpdated on 22 July 2019 at 11:50
European leader in construction Vinci It announced on Friday that it had won a €970 million contract in New Zealand related to building a railway line around Auckland, the country’s most populous city.
The invitation to bid was won by Link Alliance, which includes Vinci Construction Grands Projets – the agent – and Soletanche Bachy International, two subsidiaries of Vinci Construction Group, as well as their Australian partner Downer.
54,000 passengers per hour
The chanter, due in 2024, has an extension of 3.45 kilometers from a ferry line connected to the existing stations in Britomart and Mount Eden – there is no 3.2 km tunnel – allowed to double the traffic. Town centre.
The new line can “It accommodates 54,000 passengers per hour during peak hours, equivalent to the capacity of two four-lane highways.”indicates the group.
The estimated cost of the project is 2.59 billion euros.
“The desire to develop railways”
“In New Zealand, as in Australia, there is clearly a desire to develop rail transport, explains Jerome Stubler, President of Vinci Construction. There are two reasons for this: cities are becoming denser and obviously an environmental argument. »
Currently, the French group has a presence on 300 construction sites in New Zealand and just over thirty sites in Australia. In 2018, Vinci Construction generated sales of approximately €1 billion in the Oceania region, out of a total of approximately €14.2 billion.
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Following the acquisition of New Zealand’s HEB Construction in 2015 and Seymour White Group in 2017, Vinci Construction continues to establish itself in Oceania.