Vinci consortium picked for €72m construction of Africa Cup Stadium

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Vinci consortium picked for €72m construction of Africa Cup Stadium

The consortium comprising VINCI Construction subsidiary Sogea-Satom (leader), Egis, Baudin-Chateauneuf and Alcor has won a significant contract to design and build a stadium in Yamoussoukro, Côte d’Ivoire’s political and administrative capital.

Worth €72 million, the contract calls for the construction of the main stadium in Yamoussoukro and the refurbishment of four training facilities located near the city (refurbishment of sports grounds, locker rooms and lighting).

Designed by architects SCAU, the new stadium in Yamoussoukro will seat 20,000 spectators for matches of the Africa Cup of Nations (CAN), which will be hosted by Côte d’Ivoire in 2021. An artificial turf running track will surround the football pitch, complementing the jumping and throwing areas.

The works, scheduled to start in April 2018, will be completed in June 2020. With more than 1 million hours of work needed to execute the contract, Sogea-Satom is planning to hire and train over 300 people locally.

Côte d’Ivoire’s GDP growth is expected to reach 7% in 2018 and 2019, making the country one of Africa’s most dynamic economies. VINCI’s earlier contracts there include the modernisation of Abidjan’s fishing port (2015) and the Songon water treatment plant (2016). In 2017, the Group carried out works to reinforce Abidjan’s water distribution network. Other projects currently under way include the urban development of Boulevard de Marseille in Abidjan, construction of a water treatment plant at Saint Viateur and construction of a road between Bouaké and Ferkessédougou.

– Construction of the main stadium in Yamoussoukro and refurbishment of four nearby training facilities
– Capacity of 20,000 seats to host the Africa Cup of Nations 2021
– Contract worth €72 million

Source: www.vinci-construction.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.