COLAS (EPA:RE) - PR Colas - Route de l'Est Côte d'Ivoire

Transparency directive : regulatory news

25/05/2021 17:45

PRESS RELEASE

Paris, May 25, 2021

  Colas secures two contracts in Côte d'Ivoire for a total of EUR180 million

In Côte d'Ivoire, Colas Afrique won a contract to redesign and reinforce the
Route de l'Est, and to build four engineering structures around the country.
The Group also secured a contract covering the roads and main networks in towns
that are impacted by the construction projects. These two contracts are part of
the National Infrastructure Development Plan, which aims to improve the
country's interurban road network.

The first contract is twofold, and includes:

- the reinforcement of a 133-km section of Route A1 (Route de l'Est) between
the towns of Agnibilékrou and Bondoukou, and the upgrading of an existing
33-km section of dirt road into a paved road between the towns of Agnibilékrou
and Takikro, on the border with Ghana; both sections will require the combined
construction of 30 hydraulic engineering structures;

- the construction of four engineering structures, in the towns of Aniassué
and Vonkoro in the east of the country, and in Sémien and Guiglo in the west.

The contract value for this project totals EUR157 million.

The second contract covers roads and main networks in the towns that will be
impacted by the construction projects, for a contract value of EUR23 million.

Work is scheduled for completion in the fall of 2023.

Colas has been working in Côte d'Ivoire since 1960, and has performed a number
of important road construction and civil engineering projects, including the
recent widening and upgrading of a 125-km section of the Route du Nord,
considered to be the backbone of the country, between Bouaké and Kanawolo,
handed over in 2020. While completing the project, which has had significant
impact on the economic development of the region, Colas rolled out a number of
initiatives to help make for better living conditions across local communities,
fully in line with the Group's CSR commitments.

Colas (www.colas.com)
Colas, a subsidiary of the Bouygues Group, has one mission: to imagine, build
and maintain sustainable transport infrastructure. Backed by a network of 800
construction business units and 3,000 material production units in more than 50
countries on five continents, the Group's 55,000 employees act locally to
connect communities and foster exchanges for today and tomorrow. Colas'
ambition is to be the world leader in innovative, sustainable mobility
solutions.
In 2020, consolidated revenue at Colas totaled EUR12.3 billion (55% outside of
France).

FOR FURTHER INFORMATION:

Delphine LOMBARD Tel. : +33 6 60 07 76 17
Fabienne BOULOC Tel. : +33 6 67 06 90 21
contact-presse@colas.fr

Marine ALLEMANDOU Tel. : + 33 1 47 61 74 52
Mélodie LAMIAUX Tel.: +33 1 47 61 75 61
contact-investors@colas.fr

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06/11/2023 17:45

COLAS (EPA:RE) - PR Colas - Route de l'Est Côte d'Ivoire

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