By Nathan Allen

Vinci SA (DG.FR) said Monday that it has signed a 200 million euro ($222.8 million) contract to design and build a wastewater-treatment plant in Vietnam's Ho Chi Minh City as part of a consortium.

The French construction group holds a 50% stake in the consortium and will act as lead contractor, while a subsidiary of Spain's Acciona SA (ANA.MC) holds the remaining 50%, Vinci said.

Design and construction of the plant, which will treat waste water from the Nhieu Loc-Thi Nghe Basin, should take around five years, after which the consortium will operate and maintain the facility for a further five years.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

April 29, 2019 02:24 ET (06:24 GMT)

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