VINCI flies away with €500m French airport deal

The French construction giant will bolster its airport portfolio with a deal to design, finance, build, operate and maintain the Notre-Dame des Landes airport in Western France

A VINCI-led consortium has won a contract from the French government to build and operate the Notre-Dames des Landes airport near Nantes in Western France, according to a statement.

Media reports have estimated the new airport’s construction costing up to €500 million, though a spokesperson declined to discuss any financial details.

VINCI, along with two other regional partners, will hold the 55-year concession to operate the airports of Nantes Atlantique and Saint-Nazaire Montoir as from 1 January 2011. It will also design, finance, build, operate and maintain the Notre-Dame des Landes airport.

The Notre Dame des Landes airport will be the first to have a positive energy balance, according to the company press release. The project aims to preserve the natural state of the site and protect natural spaces.

Building and operating Notre-Dames des Landes is also in line with VINCI’s plans to expand its airport holdings. It currently manages six other airports in France as well as three in Cambodia.