VINCI Park and the town of Neuilly-sur-Seine have signed a concession agreement.
VINCI Park and the town of Neuilly-sur-Seine, by Paris, have signed a concession agreement for a period of 25 years which will involve building a second underground car park (some 350 spaces) in Avenue du Roule, and extending the towns pay-and-display on-street parking by 3,800 new spaces.
About VINCI Concessions and VINCI Park
VINCI Concessions is Europes leading operator of transport infrastructure concessions: motorways, bridges and tunnels, car parks and airports. The acquisition of ASF in 2006 was part of the Groups strategic plan. It strengthened VINCI Concessions profile as an integrated concession-construction operator with the capacity to design, finance, build and operate transport infrastructure and facilities under long-term contracts to meet the needs of public authorities.
In France, VINCI Concessions holds a very strong position. It has 4,300 km of motorway under concession to ASF, ESCOTA, Cofiroute and Arcour (which holds the concession for the A19 between Artenay and Courtenay). It also has 480,000 car park spaces managed by VINCI Park, of which 290,000 under concessionor freehold.