Banking for 7 billion and 7 million
New challenges and opportunities of globalization Global Investor, 03/2006 Credit Suisse
New challenges and opportunities of globalization
Global Investor, 03/2006
Credit Suisse
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GLOBAL INVESTOR 3.06 Basics — 31<br />
Paris<br />
Clermont-Ferr<strong>and</strong><br />
Millau<br />
Béziers<br />
Architect:<br />
Norman Foster<br />
Constructor:<br />
Eiffage Group<br />
Weight of the steel deck: 36,000 t, i.e. 4 times the Eiffel Tower<br />
Volume of concrete: 85,000 m 3 , i.e. 206,000 t<br />
Cost of construction: approximately EUR 400 <strong>million</strong><br />
Length of the concession: 78 years – 3 years of construction <strong>and</strong><br />
75 years of operation<br />
Structure guaranteed: 120 years<br />
Source: www.leviaducdemillau.com<br />
The pylons are 87 m high<br />
2,460 m length, 3.015% slope, rising north-south in the direction Clermont-Ferr<strong>and</strong>–Béziers<br />
20 km curvature<br />
Public-private<br />
partnerships on the rise<br />
Public-private partnerships (PPP) are driving infrastructure project growth <strong>and</strong> helping government<br />
budgets. Private sector involvement in infrastructure development <strong>and</strong> refinancing has become a<br />
proven concept due to efficiency gains <strong>and</strong> more precise project planning in terms of time schedules<br />
<strong>and</strong> costs.<br />
Thomas Rauch, Equity Strategy & Equity Sector Analyst, Dr. Jeremy James Field, Research Analyst Fixed Income