AI assistant
Colas — Regulatory Filings 2017
Jul 20, 2017
1214_iss_2017-07-20_7511188b-d64a-444b-8e3e-bb23cf99e0e9.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
Boulogne, July 20, 2017
Colas has secured the construction contract for the extension of Line 2 of the Rabat tramway in Morocco
Société du Tramway de Rabat-Salé (STRS) has awarded the contract to the consortium composed of Colas' railway subsidiary, Colas Rail, and its Morocco-based road construction subsidiary, GTR, to build the extension of Line 2 of the Rabat-Salé tramway. This extension will connect Rabat's Yacoub El Mansour district and Salé's new hospital to the tramway network.
The contract includes installing the tram platforms, laying rails and installing rail signaling equipment over a total distance of 7 km, adding an additional storage track to the Hay Karima depot and relocating the "Gare de Salé" (Salé train station) tram stop.
The contract totals €29 million.
Construction work will start in August 2017, and the line extension is scheduled to start running in the second half of 2019.
Winning this new contract reaffirms Colas Rail's enduring presence in Morocco, in synergy with Colas' road construction subsidiaries. After handling the construction of Lines 1 and 2 of the Rabat-Salé tramway and Line 1 of the Casablanca tramway, Colas Rail is currently working on a design-build contract to lay the tracks and install the overhead lines for Morocco's first high-speed rail line, which will connect Tangier to Kenitra and is slated for delivery in late 2017 or early 2018.
The Colas Group (www.colas.com)
Colas, a subsidiary of the Bouygues Group, is a world leader in the construction and maintenance of transport infrastructure, aiming to meet the challenges of mobility, urban development and environmental protection. With 55,000 employees in more than 50 countries on five continents, the Group performs some 90,000 projects each year via 800 construction business units and 2,000 material production units.
In 2016, consolidated revenue at Colas totaled 11.0 billion euros (48% outside of France). Net profit attributable to the Group amounted to 355 million euros.
For further information:
Ms. Delphine Lombard (tel.: +33 1 47 61 76 17) - [email protected] Mr. Rémi Colin (tel.: +33 1 47 61 73 94) – [email protected]