€110.550 The share price fell by -0.27 %   06/05/2024 11:17

VINCI wins contract to build a pumping station in Qatar

19 March 2009 - New contracts - Qatar

Through a consortium made up of subsidiaries VINCI Construction Grands Projets (leader), Entrepose Contracting and QDVC (a Qatari subsidiary owned 49% by VINCI Construction Grands Projets and 51% by Qatari Diar), VINCI has signed a contract with the Doha Public Works Authority, PWA Ashghal, to build a pumping station to the north of Doha, capital of Qatar.

The contract, worth €358 million, calls for building a pumping station with a capacity of 900,000 cubic metres/day and laying over 45 km of pipeline with a diameter of 1,600 millimetres. The station will be used to channel Doha’s wastewater to a treatment plant currently under construction 25 km to the north of the city.

Work will start on the 22nd of March 2009 and take 33 months to complete.

The contract draws on synergies between the VINCI Group’s various areas of expertise (pipe laying, water processing and civil engineering at VINCI Construction Grands Projets; and pumping and electromechanical engineering at Entrepose Contracting), as well as QDVC’s strong local presence. It is the biggest hydraulic engineering contract ever won by VINCI Construction Grands Projets.

 

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.