Strabag, partners win Dutch motorway contract
A joint venture including Austrian construction firm Strabag has been named the preferred bidder for a major Dutch motorway project, Strabag announced Thursday.
The venture "A-Lanes A15 has submitted the most economical bid for the design, construction, financing and maintenance" of the A15 motorway, which runs inland from the Dutch port city of Rotterdam, the company said in a statement.
The motorway's expansion and maintenance project, worth about 1.5 billion euros (1.96 billion dollars), is "the single largest infrastructure project" ever awarded by the Dutch public works and water management authority Rijkswaterstaat, Strabag added.
Contracts and funding were due to be finalised this year, with construction beginning in mid-2011. Completion is expected by 2015.
A-Lanes A15 is a joint venture between Strabag, British developer John Laing, Dutch construction group Strukton and Ballast Nedam, the Dutch subsidiary of German construction group Hochtief.
John Laing has a 28-percent share in the venture, with each of the other three partners taking 24 percent, Strabag noted.
© 2010 AFP