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Millau Viaduct

The Millau suspension bridge spanning the Tarn River in the south of France was inaugurated on the 14th December 2004. It is one of the longest and highest bridges of its kind in the world. The Millau Viaduct came under the impetus of a public-private partnership between the French government and a construction consortium (Eiffage). Eiffage committed itself to properly finance, build, maintain and operate the bridge. In return, the consortium was entitled to the toll revenues for 78 years (minus the years of construction). After those 78 years, the bridge becomes in principle property of the state. Eiffage takes most of the risks of the project itself. In return, the consortium receives a decent profit margin. The yield is estimated at 9 (pessimistic) to 17 %(optimistic).
Result: the bridge was built in three years, used brand new building techniques and would require virtually no maintenance. The bridge hasn't cost the French government a single penny, and is built to last for just about forever. Users (and tourists) finance the entire project.

  • Website
  • Country: France
  • Sectors:
    • Infrastructure
  • Maturity level: Established

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Combined strategies

Circular Value Creation Strategies

  • Remanufacture

    Return product /component to original specifications (remanufacturing) or to satisfactory working conditions (refurbishment).

  • Optimal product use
    Optimal product use

    Decreasing the amount of products needed for delivering a given amount of value. This can be realized in several ways, e.g. by shared use, by extension of the product’s lifetime,...  

Value Proposition Strategies

Value network strategies

  • Value chain collaboration
    Value chain collaboration

    Organisation in which the company effectively collaborates with customers and/or suppliers to create and capture value, going beyond the classical business model.