Vinci subsidiary in for €120m rail build in France
By Mike Hayes28 June 2022
ETF, a subsidiary of French construction and concessions giant Vinci, has been awarded a contract to renovate 675km of track on the French rail network.
The five-year deal, with an initial value of €118 million, will see ETF take up old track and relay new at a rate of around 135km per year.
Construction work is set to begin early in 2024, with completion expected in 2029.
The contract, awarded by the French state and rail operator SNCF Réseau, calls for ETF to use two of its proprietary systems.
A 550m-long factory train will be used to replace tracks and fasteners, while a 432m-long rail transport train will bring new tracks to the worksite and remove those in need of replacement.