COLAS (EPA:RE) - Colas - Extension the Rabat tramway in Marocco

Transparency directive : regulatory news

20/07/2017 17:56

PRESS RELEASE

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 EUR29 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) - delphine.lombard@colas.com
      Mr. Rémi Colin (tel.: +33 1 47 61 73 94) - remi.colin@colas.com

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