Paris, 16 June 2011
Press release
High-speed rail between Tours and Bordeaux
Réseau Ferré de France and VINCI sign world’s biggest rail concession contract
· A 50-year concession contract signed between Réseau Ferré de France and LISEA, a company run by VINCI Total investment of 7.8 billion includes 6.2 billion of construction works ·
A key economic issue for south-west France and the French high-speed rail network ·
The concession contract for the future South Europe Atlantic high-speed rail (SEA HSR) between Tours and Bordeaux was signed today by the concession company LISEA, represented by Xavier Huillard, chairman and CEO of VINCI, and French railway infrastructure manager Réseau Ferré de France (RFF), represented by its chairman and CEO, Hubert du Mesnil, following a competitive bidding process launched in 2007 by RFF. This signing follows both the French Prime Minister’s confirmation that the
French government wanted to see this project move forward before the end of this month and RFF’s board of directors meeting of 9 June 2011.
LISEA’s shareholders are VINCI Concessions (leader) and VINCI SA (33.4%), CDC Infrastructure, a wholly owned subsidiary of Caisse des Dépôts (25.4%), SOJAS, a dedicated investment entity (22%), and investment funds managed and advised by AXA Private Equity (19.2%).
The new Tours­Bordeaux high-speed rail project
The HSR project is 302 km long, with 38 km of connecting line to the conventional rail network. It represents a total investment of 7.8 billion and is the biggest public-private partnership (PPP) contract ever signed in France’s rail sector as well as one of the world’s largest infrastructure projects launched over the last decade.
The HSR, which will take six years to design and build, will reduce the journey time between Paris and
Bordeaux to 2 hours 5 minutes.
Key figures:
· 340 km and 17 connecting lines
· 117 communities, 6 départements, 3 regions;
· About 400 civil engineering structures, including 19 viaducts and 7 cut-and-cover tunnels;
· 4,500 jobs for construction companies at peak site activity , including 1,300 net new jobs;
· After construction has been completed, 150 permanent jobs for commercial service (operation and maintenance);
· 10% of the hours spent on infrastructure works will be carried out as part of a social integration program;
· Taking account of impacts on natural assets will result in implementing 2,000 hectares of compensatory measures.
The Tours­Bordeaux SEA HSR project is part of an overall regional development scheme that came out of the Grenelle Environment Forum decisions, which opened the door to high-speed rail projects towards Limoges, Toulouse and Spain. It will boost the growth of freight and regional services on the existing line between Tours and Bordeaux, and should provide a significantly positive response to

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