VINCI Opens the New Coentunnel to Traffic in Amsterdam

  VINCI Opens the New Coentunnel to Traffic in Amsterdam

Business Wire

RUEIL MALMAISON, France -- May 16, 2013

Regulatory News:

VINCI (Paris:DG):

The special purpose company, Coentunnel Company, a joint subsidiary of VINCI
Concessions, CFE (VINCI Construction), its subsidiary Dredging International
and their Dutch and Belgian partners, officially opened the second Coentunnel
in the Netherlands at a ceremony attended by Melanie Schultz Van Haegen, the
Dutch Minister of Infrastructure and the Environment, on 16 May 2013.

A consortium made up of VINCI Construction subsidiaries VINCI Construction
Grands Projets, CFE and DEME, as well as TBI, Dura Vermeer and Besix, carried
out the works, which took five years to complete.

This 5-lane, 750-metre second underwater tunnel under the port of Amsterdam
and the approximately ten kilometres of adjacent motorways are designed to
double the capacity of the existing tunnel and relieve traffic congestion on
Amsterdam's western ring road and the motorways to the north of the country.

One of the project's major challenges was to retain the existing tunnel, which
was built in the 1960s, while building the new tunnel less than 30 metres
away. The first Coentunnel is now closed for renovation. The comprehensive
two-tunnel system is scheduled to open in mid-2014, enabling motorists to
drive in both directions over nine lanes instead of the original four.

Coentunnel Company will then be in charge of maintaining both tunnels for a
period of 24 years under the public-private partnership contract signed with
Rijkswaterstaat, the Dutch Directorate-General for Public Works and Water
Management, in June 2008. The special purpose company will be remunerated by
an infrastructure subsidy and an annual fee paid by the concession grantor,
the amount of which will be based on the actual availability of the
infrastructure to tunnel users.


Press contact:
Maxence Naouri, Tel: +33 1 47 16 31 82
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