VINCI Construction subsidiary Ringway signs EUR 710 million contract for the maintenance of the roads in Surrey, UK

VINCI Construction subsidiary Ringway signs EUR 710 million contract for the maintenance of the roads in Surrey, UK

• To improve the road network and public realm for 1 million people near London
• A 10-year contract worth £600 million (€710 million), with a 11-year extension possibility

(PRESS RELEASE) RUEIL-MALMAISON, 4-Nov-2021 — /EuropaWire/ — VINCI Construction, a global leader in construction active in over 100 countries, has announced that its UK subsidiary Ringway has landed a contract from Surrey County Council for the maintenance and upgrade of Surrey’s road infrastructure covering some 560 km (350 miles) of roads and 290 km (180 miles) of pavements in the South West of London.

Ringway will provide major maintenance services and emergency response, plus a variety of upgrading works to improve connections and access to this road network.

The contract, worth £60 million (€71 million) per year, will begin on 27 April 2022 for an initial period of 10 years, with a 11-year extension possibility.

By using vehicles, machinery, equipment and materials that have a lower environmental impact, Ringway will contribute to Surrey County Council’s and VINCI’s efforts to achieve net zero carbon emissions by 2050.

About VINCI
VINCI is a global player in concessions, construction and energy businesses, employing more than 217,000 people in some 100 countries. 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, we are committed to operating in an environmentally, socially responsible and ethical 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. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.

Media contacts

Stéphanie Malek
Tel: +33 1 47 16 35 00
media.relations@vinci.com

SOURCE: VINCI