Bouygues signs €2.3bn French high-speed rail deal
The public-private partnership contract for the future Nimes and Montpellier high-speed rail line was signed yesterday between Réseau Ferré de France and the OC’VIA joint venture.
The JV is made up of Bouygues Construction, Colas, Spie Batignolles, Alstom, infrastructure Meridiam and FIDEPPP. The signing of the contract carried out by RFF CEO and president Hubert du Mesnil and Bouygues Construction CEO Yves Gabriel.
The team had been named as preferred bidder in January. (link opens in new window)
Construction will start by the end of the year. The project is expected to generate approximately 6,000 direct and indirect jobs per year for a period of five years of work.
The project involves an investment of €2.28bn (£1.85bn) across the 25-year term.
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This article was published on 29 Jun 2012 (last updated on 29 Jun 2012).