VINCI to Build the Shieldhall Tunnel in Glasgow (United Kingdom)

Regulatory News:

VINCI (Paris:DG):

Vinci Construction Grands Projets, working in a 50-50 joint venture with Costain, will build the Shieldhall tunnel in Glasgow for Scottish Water, the publicly owned water company in Scotland.

The structure, the largest wastewater storage tunnel in Scotland, is designed to improve water quality and help cope with the risk of flooding in the city and pollution of the River Clyde.

The contract, with a value of €105 million, covers the construction of two shafts with a diameter of 15 metres each and a depth of 20 metres, a 300 metre long cut-and-cover trench and a 5 km tunnel with an internal diameter of 4.70 metres. The technique used will be that of a mud pressure type tunnel boring machine, one of the company's areas of expertise.

Work will get under way in October 2014 and completion is anticipated in early 2018.

VINCI Construction Grands Projets, one of the world leaders in the sector, has a large number of project references in the field of underground works: the Hallandsås railway tunnels in Sweden, the El Teniente mine tunnels in Chile and work on the Hong Kong metro and the Cairo metro, a new section of which has recently been handed over several months ahead of schedule. In the United Kingdom, VINCI Construction Grands Projets is currently building, in London, the Lee Tunnel for Thames Water and carrying out two Crossrail contracts (C510 and C512) at Liverpool Street and Whitechapel.

About VINCI
VINCI is a global player in concessions and construction, employing close to 191,000 people in some 100 countries and a revenue in 2013 of €40.3 billion.
We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.
VINCI’s goal is to build long-term value in this way for its customers, shareholders, partners and employees, and for society at large.
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This press release is an official information document of the VINCI Group.