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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