VINCI ranked first after bids opened for the biggest motorway concession in Greece 5 February 2007

Rueil Malmaison, 5 February 2007 Press release VINCI ranked first after bids opened for the biggest motorway concession in Greece After opening the bids, the Greek government has announced that the Apion Kleos consortium, led by VINCI, is ranked first for the Athens–Corinth–Patras–Pyrgos–Tsakona motorway concession. The consortium is made up of VINCI (leader with 36%) […]

Rueil Malmaison, 5 February 2007

Press release

VINCI ranked first after bids opened for the biggest motorway concession in Greece

After opening the bids, the Greek government has announced that the Apion Kleos consortium, led by VINCI, is ranked first for the Athens–Corinth–Patras–Pyrgos–Tsakona motorway concession.

The consortium is made up of VINCI (leader with 36%) through its subsidiaries, VINCI Concessions and VINCI Construction Grands Projets, together with Hochtief of Germany and Greek companies, Elliniki Technodomiki - Aktor, J&P-Avax and Athena.

The project calls for the financing, design, construction and operation of 365 km of motorway, which will link Athens to Tsakona in south-west Peloponnese. It will transit via Corinth and the Rion–Antirion bridge, of which VINCI is concessionaire.

The project includes taking over operation of the existing motorway between Athens and Corinth (64 km) and the Patras ring road (18 km), as well as upgrading the Corinth–Patras section to motorway status (120 km of national highway, with about 17 km of tunnel to bore). In addition, the contract covers the construction of almost 163 km of new sections between Patras and Tsakona.

The work, worth a total of about €2.1 billion, will take six years to complete. The concession will run for 30 years from the date of contract signature.

This project will make a significant increase to motorists’ comfort and road safety on this very busy road (almost 65,000 vehicles a day leaving Athens and over 20,000 between Corinth and Patras). The concessionaire will start operating the existing sections as soon as the contract goes into force.

This contract is a new success for VINCI in Greece, where it operates the bridge between Rion and Antirion, and is a member of the consortium that recently won the contract to build the Maliakos–Kleidi motorway.

Presscontact: Virginie Christnacht
Tel: +33 1 47 16 39 56
Fax: +33 1 47 16 33 88
Email: vchristnacht@vinci.com