Vinci Wins Road-Construction Contracts in Cameroon Worth EUR214 Million
19 Avril 2018 - 6:42PM
Dow Jones News
By Marc Navarro Gonzalez
Vinci SA (DG.FR) said on Thursday that its subsidiary
Sogea-Satom has won two road-infrastructure contracts in Cameroon
worth a combined 214 million euros ($264.8 million).
The French construction-and-infrastructure company said that the
projects have been awarded by Cameroon's Public Works Ministry.
The first contract is valued at EUR112 million and involves the
upgrade of a section of a road in the center of the country, as
well as roads in the town of Tibati, Vinci said. The contract will
be completed in May 2020.
The second contract, totaling about EUR102 million, relates to
the construction of a 106 km road section between Olama and Bigambo
and its delivery is expected for June 2022, the company added.
Write to Marc Navarro Gonzalez at marc.navarro@dowjones.com
(END) Dow Jones Newswires
April 19, 2018 12:27 ET (16:27 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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