VINCI Secures Major Highway Contract Worth €120 Million
VINCI Secures a Road Design and Build Contract
VINCI has taken a significant step in infrastructure development with the recent awarding of a contract to design and build a critical section of the Wellington Northern Corridor in New Zealand. This pivotal project, known as ?2NL, emphasizes VINCI's dedication to enhancing transportation efficiency across regions.
Project Overview
In partnership with Fulton Hogan, WSP, and Aurecon, HEB Construction, a subsidiary of VINCI, has successfully acquired a contract on behalf of NZ Transport Agency Waka Kotahi. The project involves the delivery of a new 12-kilometre stretch of State Highway 1, which is expected to improve connectivity between the towns of ?taki and Levin on New Zealand's North Island.
Objectives and Benefits
The development aims to significantly reduce travel times while efficiently diverting heavy traffic away from local town centres. Additionally, it incorporates a shared path designed for both pedestrians and cyclists, thereby enhancing overall accessibility and promoting sustainable transport options in the area.
Financial Aspects of the Project
The value of VINCI's shares in this contract is estimated to be around €120 million (NZD 237 million). Planning and preparations for the project are set to commence in the last quarter of 2025, with an anticipated completion date by the end of 2029. This project underscores VINCI's commitment to investing in infrastructure that bolsters social connectivity and economic growth.
Construction Details
The construction will entail extensive earthworks, estimated at about 1.8 million cubic meters, alongside the building of 37 major culverts. An impressive architectural feature of this project will be five single-span bridges, including a remarkable 200-metre-long bridge spanning the ?hau River. This particular bridge will utilize pre-stressed concrete Super-Hi girders, which have been innovatively developed by HEB Construction, making them ideal for longer spans and enhancing structural integrity.
About VINCI
VINCI stands as a global leader in concessions, energy services, and construction, with a dedicated workforce of 285,000 individuals across over 120 countries. The company's holistic approach to business encompasses the design, financing, construction, and operation of infrastructure and facilities aimed at improving daily life and mobility for communities worldwide. By prioritizing performance that integrates economic success with social and environmental responsibility, VINCI aims to create meaningful value for all stakeholders involved—customers, shareholders, partners, and the broader society.
Frequently Asked Questions
What is the total value of the road contract awarded to VINCI?
The contract awarded to VINCI is valued at approximately €120 million (NZD 237 million).
What is the expected completion date for the project?
The project is expected to be completed by the end of 2029.
What are the main objectives of the ?2NL project?
The main objectives include reducing travel times, diverting heavy traffic, and providing dedicated paths for pedestrians and cyclists.
Who are the partners involved in this project?
VINCI is working alongside Fulton Hogan, WSP, and Aurecon on this infrastructure project.
How many bridges will be constructed as part of the project?
The project features the construction of five single-span bridges, including a significant bridge over the ?hau River.
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