VINCI Construction UK Wins Two Saudi Arabian Contracts

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VINCI Construction UK Wins Two Saudi Arabian Contracts

PR Newswire LONDON, September 25, 2012

LONDON,September 25, 2012/PRNewswire/ -- VINCI Construction UK, in a joint venture with Al Muhaidib Contracting Company (AMC), has won two separate contracts inJeddahwith the Saudi Arabian National Water Company. The contracts, with a combined worth of over £110 million, are for the design and build of the Briman Strategic Water Reservoir and the Al Khumra Lifting Station. Forming part of a major water initiative recently launched inSaudi Arabia, the water reservoir will be a two year project and will involve the design and construction of a 1.5 million cubic metre water storage facility, as well as a year of operation and management of the reservoir. Over a 12 month period, the Treated Effluent Lifting Station will be designed, procured, and constructed, after which a one year operation and maintenance contract will follow. The station will collect treated water from existing plants into an underground wet well and pumping station. "The National Water Company has embarked on a robust program to improve and develop the water and wastewater services in major cities in the Kingdom which includesRiyadh,Jeddah,MeccaandTaif, with a total budget allocation of 20 Billion Saudi Riyals (£3.4Bn)" said Chief Executive Officer of the National Water Company Loay Al-Musallam. "The company has succeeded in implementing a large number of strategic projects within this allocation including the creation of strategic reservoirs, transmission lines, constructing new pumping and lifting stations, household water and sewage services and the rehabilitation of existing pumping stations", he added. Commenting on the contract wins, Ivan Norris, Managing Director of the Gulf Region for VINCI Construction UK, said "We are delighted to be working with AMC on the two National Water Company initiatives. These projects play a crucial part in the water infrastructure in the country and we are pleased to use our expertise to deliver the projects." Ajaz Shafi, VINCI Construction UK's Country Manager inSaudi Arabia, said "With the construction industry buoyant inSaudi Arabiawe are able to work on many diverse projects requiring specialist skills and it is great to be working with the National Water Company where we can show our strength through our commitment, ideas and expertise." VINCI Construction UK has worked widely across theMiddle Eastover a number of years completing landmark projects including the Dubai Dry Docks in the United Arab Emiratesand the Islamic Finance Bank inJeddah, Saudi Arabia. VINCI PLC Chief Executive and Chairman John Stanion said of the latest contract wins, "We have a track record of working successfully in the Gulf Region and we bring a wealth of experience to these projects."

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ABOUT VINCI VINCI is a world leader in concessions and construction. The combination of financial strength, market-leading positions and a commitment to sustainability give VINCI its competitive edge. VINCI employs around 180,000 people in 100 countries around the world. VINCI Construction UK's international division focuses on overseas construction opportunities, mainly in the Gulf States and theMiddle East. As part of this process, we have already formed companies with well-regarded local partners inQatar,Oman,Abu DhabiandSaudi Arabia. We are exploring further opportunities inBahrainandKuwait. VINCI Construction UK has strong relationships with other VINCI companies and subsidiaries and, as a result, can leverage ideas, skills and entrepreneurial flair to deliver top-quality work in all sectors. http://www.vinciconstruction.co.uk/ For further information please contact: Melanie Mathews Communications Director VINCI PLC [phone] [e-mail] Or Jessica Evans Madano Partnership [phone] [e-mail]