VINCI will begin work on the construction of a regasification terminal in the Netherlands

A consortium bringing together VINCI Construction Grands Projets, Entrepose Contracting (a VINCI Construction subsidiary), Techint (Italy), and Sener (Spain) has just received the go-ahead for the construction of a re-gasification terminal in the port of Rotterdam in the Netherlands for Gate Terminal BV.

This contract, valued at €800 million and signed on July 19, 2007, calls for the construction of a plant, a pier methane carrier for the unloading of Liquid Liquified Natural Gas (LNG) carriersjetty, and three storage tanks. Delivery of the terminal is set for September 2011.

As part of this contract, VINCI Construction Grands Projets and Entrepose Contracting will design and build the three liquefied natural gas (LNG) storage tanks, each with a capacity of 180,000 m3.

VINCI Construction Grands Projets and Entrepose Contracting both possess recognized complementary expertise in the construction of LNG storage tanks and have completed, together or separately or in partnership or in partnership, over more than 30 storage tanks in 9 countries overin the past 20 years. This business successsuccessful track record illustrates the potential for synergies powerful synergy that exists between VINCI Construction Grands Projets and Entrepose Contracting, (77.24% of whose capital is held by VINCI).i In which VINCI now hlolds 77.24% of the capital.

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