Yahoo Finance VINCI : Sogea-Satom wins design-build contract for Yamoussoukro stadium in Côte d'Ivoire
Rueil Malmaison, 18 April 2018
Sogea-Satom wins design-build contract for Yamoussoukro stadium in Côte d`Ivoire
Construction of the main stadium in Yamoussoukro and refurbishment of four nearby training facilities
Capacity of 20,000 seats to host the Africa Cup of Nations 2021
Contract worth €72 million
The consortium comprising VINCI Construction subsidiary Sogea-Satom (leader), Egis, Baudin-Chateauneuf and Alcor has won a significant contract to design and build a stadium in Yamoussoukro, Côte d`Ivoire`s political and administrative capital.
Worth €72 million, the contract calls for the construction of the main stadium in Yamoussoukro and the refurbishment of four training facilities located near the city (refurbishment of sports grounds, locker rooms and lighting).
Designed by architects SCAU, the new stadium in Yamoussoukro will seat 20,000 spectators for matches of the Africa Cup of Nations (CAN), which will be hosted by Côte d`Ivoire in 2021. An artificial turf running track will surround the football pitch, complementing the jumping and throwing areas.
The works, scheduled to start in April 2018, will be completed in June 2020. With more than 1 million hours of work needed to execute the contract, Sogea-Satom is planning to hire and train over 300 people locally.
Côte d`Ivoire`s GDP growth is expected to reach 7% in 2018 and 2019, making the country one of Africa`s most dynamic economies. VINCI`s earlier contracts there include the modernisation of Abidjan`s fishing port (2015) and the Songon water treatment plant (2016). In 2017, the Group carried out works to reinforce Abidjan`s water distribution network. Other projects currently under way include the urban development of Boulevard de Marseille in Abidjan, construction of a water treatment plant at Saint Viateur and construction of a road between Bouaké and Ferkessédougou.
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About Sogea-Satom
Sogea-Satom is a major player in building and civil engineering in Africa. Operating in over 20 countries through a network of subsidiaries, the company has more than 12,000 employees. Its mission is to design and build infrastructure and amenities for an African continent that has confidence in itself, is open to its environment and ready to show solidarity and unity around concrete projects.
About VINCI
VINCI is a global player in concessions and contracting, employing close to 195,000 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, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible 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. VINCI`s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.
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Source: VINCI via GlobeNewswire
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