VINCI awarded a multi-year road maintenance contract in New Zealand [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
Maintenance of one of New Zealand's largest state highway networks A 10-year contract valued at approximately €200 million ($NZ 400 million) The New Zealand Transport Agency Waka Kotahi (NZTA) has awarded HEB Construction, a VINCI Construction subsidiary in New Zealand, the contract for maintenance and upgrade services for the national road network in the North Canterbury region, located on New Zealand's South Island. With a total value of around €200 million ($NZ 400 million), this contract covers a 10-year period starting in May 2026. HEB Construction will be responsible for inspection, maintenance and renewal works, as well as emergency response management across approximately 880 kilometres of roads – key transport routes serving both urban and rural communities. This contract aims to ensure a safe and high-performing road network that supports mobility, economic activity and connectivity for populations throughout the Canterbury region. It should be recalled that the
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