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Implenia wins large tunnelling project in France: Lot 3 of the Lyon-Turin base tunnel

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EQS Group-News: Implenia AG / Key word(s): Incoming Orders
09.07.2021 / 07:00

TELT (Tunnel Euralpin Lyon Turin) awarded Lot 3 of the 57.5 km long Mont-Cenis base tunnel to a Joint Venture led by Implenia (34%). The total contract volume is CHF 248 million (EUR 228 million) and the project is in line with the company's strategic focus on large, complex infrastructure projects.

Dietlikon, 9 July 2021 - TELT (Tunnel Euralpin Lyon Turin), the Franco-Italian company responsible for the construction and management of the cross-border section of the new Lyon-Turin rail link, assigned Lot 3 of the 57.5 km long Mont-Cenis base tunnel to a Joint Venture led by Implenia (34%) in partnership with NGE (25%), Itinera (25%) and Rizzani de Eccher (16%). The section runs from the Villard-Clément portal and is about 4 km long. The work includes the transfer of the existing structures (cut-and-cover at Saint-Julien-Montdenis and the associated structures) and the construction of the future structures of the base tunnel. Project duration will be around 4.5 years.

The project is characterised by its complexity, requiring a lot of experience and skills in various civil engineering and tunnelling techniques. The Joint Venture led by Implenia won based on technical optimizations they contributed during the tender phase. They ranked highest in the rating concerning the technical solution, which over-compensated the fact that they were not the cheapest bidder. The legally binding award of the contract is subject to a 10-day appeal period and the white listing procedure.

'Implenia is proud to be designing and building such an important part of Europe's future railway network,' says Erwin Scherer, Global Head Tunnelling at Implenia. 'In a project like this we can really demonstrate our great experience in all areas of major infrastructure projects. The assignment also fits well with our strategy of planning and building large and complex tunnelling and related infrastructure projects in various markets.'

Major European mobility project

The cross-border section of the new Lyon-Turin line with the Mont-Cenis base tunnel becomes the central ring of the Mediterranean corridor, one of the nine axes of the European transport network TEN-T (Trans-European Transport Network), which extends over 3,000 km and connects seven European corridors from East to West. It will allow a major shift of transported goods from road to railway with a significant impact on the environment by saving around 40% of energy.

Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com

Contact for Investors and Analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com

Dates for investors:
17 August 2021: Media and analysts' conference on the half-year results

As Switzerland's leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multi-national construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.


End of Media Release

Language:

English

Company:

Implenia AG

Industriestrasse 24

8305 Dietlikon

Switzerland

Phone:

+41 58 474 74 74

E-mail:

info@implenia.com

Internet:

www.implenia.com

ISIN:

CH0023868554

Valor:

A0JEGJ

Listed:

SIX Swiss Exchange

EQS News ID:

1217025


 

End of News

EQS Group News Service

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