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In Monaco, Prince Albert inaugurates the first "caisson" of urbanization at sea ©
POOL / AFP
/ Valery HACHE
Prince Albert II inaugurated on Wednesday the first of eighteen monumental caissons designed to develop, by 2025, a six-hectare district entirely won over the sea, in Monaco.
Located in 100 meters from the shore, this box had been transported by tug from Marseille, its place of construction.
The Prince, accompanied by Monsignor Bernard Barsi, the Archbishop of Monaco who blessed the work, embarked on a boat to unveil a plaque on this box representing his double "A" shaped monogram. [19659003ThesovereignwasaccompaniedinparticularbySergeTelletheMinisterofStateofthePrincipalityandMartinBouyguestheCEOofBouygueswhosesubsidiaryBouyguesConstructionisinchargeofthibadtensionprojectatsea
Each of eighteen caissons that will be laid weighs 10,000 tons, measures 27 meters high for 28 meters side and requires for its realization more than 3,800 m3 of concrete. Once ballasted, all will rest on a backfill composed of a million and a half tons of aggregate. They must thus form a dike to develop the platform to accommodate the future district whose construction is to begin in 2020.
On six hectares, this entirely pedestrian area will consist mainly of luxury housing, villas and apartments, for 60,000 m2, and shops, as well as public facilities, port, parking, coastal promenade and public park of one hectare.
The overall amount of work for the development of this marine infrastructure is the order of one billion euros, said the Bouygues group, for a total amount, with land development, of two billion euros.
The holder of the concession is a Monegasque public limited company (the SAM of L'Anse du Portier) and Bouygues Travaux Publics, a subsidiary of Bouygues Construction, which is responsible for the development of the maritime infrastructure.
The SAM of Anse du Portier finances the integral Construction and can then enhance the operation by reselling housing and shops.
In addition to a balance of 400 million paid by the development company, the State of Monaco estimates that it can recover 750 million euros in VAT receipts and registration fees due to the sale of real estate built in this new district.
20% of the territory of the Principality, or 40 hectares, had already been earned on the sea since the 1950s by different arrangements,
25/07/2018 20:17:47 –
Monaco (AFP) –
© 2018 AFP
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