The contract with Martinique’s transit authority, SMTCSP, involves a total investment of €98.6m (£82m). It covers financing, design, construction and maintenance of all the structures and equipment as well as financing, design and manufacture of the buses. The structures include stations, two multimodal transport hubs and the maintenance centre).
Caraibus will receive fees for each of the services it provides.
Eurovia and Vinci Construction, through their subsidiaries Caraib Moter and Sogea Martinique respectively, will design and build the bus rapid transit system within 23 months. The 24m BRT buses will be designed and built by Van Hool.
Caraibus Maintenance, a Vinci Concessions subsidiary, will be responsible for light and heavy maintenance.