VINCI wins the construction contract for four Paris Rive Gauche campus buildings as part of a PPP

24 July 2009 - New contracts - France

The University of Paris Diderot-Paris 7 has awarded a 30-year partnership contract to the UNICITE consortium made up of VINCI Construction France subsidiaries, GDF-Suez (Cofely), Barclays Private Equity and FIDEPPP (Caisses d’Epargne). The contract covers financing, design, construction and maintenance of four new buildings at the university’s new Paris Rive Gauche campus in the city’s 13th arrondissement.

The total value of the partnership contract is €273 million, of which €108 million for the design and construction of buildings with a combined surface area of 44,600 sq. metres.
The works, which are scheduled to take 33 months to complete, will be carried out by VINCI Construction France subsidiaries GTM Bâtiment and Sicra. Construction will be to Very High Energy Performance standards, with particular attention to optimising facade design, solar protection and water management.

At the start of the 2012 school year, these new buildings will accommodate over 10,000 students, faculty, research workers and administrative and technical staff.

With this new partnership, VINCI Construction France confirms its expertise in PPP contracts and its ability to provide global integrated offerings.

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.