Eiffage, France’s third-largest contractor, is building a $315-million toll road in Dakar. Eiffage will have a 30-year concession to build, finance, operate and maintain the 25-kilometer-long road. At present, more than 100,000 vehicles use a double-lane road to enter and exit Dakar on a daily basis, causing severe traffic congestion. The Dakar-Diamniadio toll road is expected to cut the average commute to less than 30 minutes from two hours. Work already has begun on the easternmost segment in the suburb of Diamniadio. But land purchases are still under way in the urban district of Pikine in Dakar. Several thousand families
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.