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VINCI Enters 55-Year Concession Contract to Build New Nantes Region Airport

The Grand Ouest Airport Concession Company, represented by its chairman Nicolas Notebaert, chairman of VINCI Airports, and the State, represented by Thierry Mariani, Secretary of State for Transport for the Minister of Ecology, Sustainable Development, Transport and Housing, signed the 55-year concession contract to finance, design, build, operate and maintain the new Nantes region airport, together with operation of the existing Nantes Atlantique and Saint-Nazaire Montoir airports.

The contract signed by the Grand Ouest Airport Concession Company, a VINCI Concessions subsidiary (85%), in partnership with the Nantes Chamber of Commerce and Industry (10%) and the Entreprise de Travaux Publics de l'Ouest (ETPO – CIFE) (5%), will take effect on 1 January 2011.

Traffic at the Nantes Atlantique airport exceeded the threshold of three million passengers a year for the first time in 2010. The Saint-Nazaire platform specialises in hosting aero-industrial activities. All employees of the Nantes Atlantique and Saint-Nazaire airports will be working in the framework of the new concession.

Construction of the new Nantes airport, worth an estimated €450 million, will be carried out by a consortium consisting of VINCI Construction France, Eurovia and ETPO. It will work closely with the architect Jacques Ferrier, landscaper Bernard Lassus, ADPi for airport engineering and with the following consultancies: Sogreah (infrastructure), SCE (spatial planning), SETEC (construction) and Elithis (energy). The preliminary studies and administrative procedures phase will start in 2011, while construction works on the new airport will begin in 2014.

For operation of the airport, the consortium will rely on the experience of VINCI Airports, a VINCI Concessions subsidiary, and the Nantes Chamber of Commerce and Industry, with the aim of promoting the economic growth of the Nantes region and the Great West region of France.

The simple and effective design of the new airport reflects the consortium's desire to build an innovative airport adapted to the economy of the air transport of the future and to new passenger expectations for service quality. The new airport, as designed by VINCI and its partners, aims to achieve environmental excellence: the airport will have a positive energy balance and the project incorporates a farmland and environmental plan meeting the commitments made by the State and complying with the findings of the public interest inquiry.

Source: http://www.vinci.com/

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