PR Newswire/Les Echos/ Boulogne, February 4, 2013 PRESS RELEASE Colas Rail and its consortium partners have been awarded a contract to build the first two lines on the RFR high-speed railway network in Tunis, Tunisia Colas Rail and its consortium partners Siemens and the Tunisian company Somatra-Get have secured a contract involving the construction of the first two lines (D & E) on the RFR highspeed railway network in Tunis, Tunisia, for a total of 20 km. Colas Rail will be in charge of track, catenary networks, power supply, remote surveillance and data collecting system, depot equipment and system integration. The total contract value amounts to 145 million euros, with 86 million euros earmarked for Colas Rail. A consortium of international backers - including the European Investment Bank (EIB), the Agence Française du Développement (AFD) and German banking institution KFW - are co-financing the project, along with the Tunisian Government. Work is slated to begin mid 2014 at the earliest and is scheduled to last 46 months. The project - a first-ever for Colas Rail in Tunisia - is yet another successful endeavor for the company in the Middle East and North Africa, following the Algiers metro extension contract secured end 2012. In fact, Colas Rail has had a long-standing foothold in the MENA region, since it began building the Cairo, Egypt metro in 1981. The rail specialist has also built the Rabat tramway and a section of the Casablanca tramway in Morocco. The Colas Group (www.colas.com) The Colas Group is a leader in the construction and maintenance of transport infrastructure. With 66,000 employees throughout 800 works centers and 1,400 materials production sites (aggregates, emulsion, asphalt, bitumen) in nearly 50 countries on five continents, the Group performs some 110,000 projects each year. In 2011, Colas posted 12.4 billion euros of consolidated revenue (42% outside of France). The Group share of net profit amounted to 336 million euros. Press contacts: Delphine Lombard (tel. 33 1 47 61 76 17) email@example.com The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Feb/05/2013 07:49 GMT
Press release RFR Contract
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