VINCI awarded a hydraulic contract in Jamaica [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
NASDAQ:AMEX Investor Relations:
vinci.com/vinci.nsf/en/investors.htm
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Source: Yahoo! Finance
A €144 million contract A strategic project to make the country more climate resilient Jamaica's National Water Commission (NWC) chose VINCI Construction Grands Projets to carry out a project within phase 1 of the Western Water Resilience Programme. This investment plan seeks to renovate and develop the drinking water network in the north-west of the country, where demographic growth is high and both the tourism and manufacturing industries are expanding. It falls within a wider programme implemented by the Jamaican government to mitigate the impact of droughts in order to bolster the island's climate resilience by safeguarding the long-term future of the water supply network and reducing water loss. Worth a total €144 million, the contract involves designing and building 68 km of wide cast-iron pipeline. The work extends over nearly 130 km, along an existing roadway and crossing a number of sensitive structures and zones. It is scheduled to last 36 months and mobilise over 100
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