VINCI signs a cooperation agreement with the Russian government

25 September 2006 - Events - Russian Federation

On the occasion of the official visit by President Vladimir Putin to France, Yves-Thibault de Silguy, Chairman of VINCI, and Igor Levitin, Minister of Transport of the Russian Federation, signed a memorandum of understanding defining the framework in which VINCI will provide support to the Ministry of Transport in rapidly implementing a large-scale transport infrastructure concession programme. This cooperation agreement includes, in particular, the project covering construction of the Moscow-Saint-Petersburg motorway followed by its operation through a system of tolls.

VINCI, the world’s leading concession-construction group, is already operating in Russia through its subsidiary VINCI Construction Grands Projets, which built the Lefortovo
tunnel and is currently building the Silver Forest tunnel and a shopping centre in Saint Petersburg. With this agreement, VINCI demonstrates its interest in the Russian market, on which it also hopes to do business as a concessionaire or operator.

 

About VINCI
VINCI 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, we are committed to operating in an environmentally, socially responsible and ethical 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. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.