NIEUWEGEIN, The Netherlands,
August 15, 2014 /PRNewswire/ --
The Directorate-General for Public Works and Water Management of
the Netherlands Rijkswaterstaat has awarded the A9 Gaasperdammerweg
public-private-partnership (PPP) project to IXAS Zuid-Oost, a
consortium consisting of Ballast Nedam, Fluor, Heijmans and 3i
Infrastructure plc. The project includes the design, build,
management, maintenance and financing of the existing and new
infrastructure of the A9 motorway between Diemen and Holendrecht in
the Netherlands.
The project consists of all the work to be performed in
connection with the reconstruction and expansion of the A9 motorway
between the junctions of Holendrecht and Diemen in the region of
Amsterdam, including the bridge
over the river Gaasp, the road surface on the A9 Gaasperdammerweg
and the construction of an approximately three kilometre overground
tunnel.
The project has a total nominal value of approximately € 700
million, including a 20-year management and maintenance period
after the new infrastructure becomes available. Ballast Nedam,
Fluor, Heijmans and 3i Infrastructure plc will be the sole
shareholders in the project, with an equal share. Ballast Nedam,
Fluor and Heijmans will participate in the construction and
operation phase with an equal share of one third each.
The contract with Rijkswaterstaat will be signed in September 2014. The A9 Gaasperdammerweg project
is the third section of the Schiphol-Amsterdam-Almere (SAA)road
expansion.
Ballast Nedam targets its strategic focus at successfully
acquiring and carrying out integrated projects in the working areas
of housing, mobility, energy and nature in the Netherlands and internationally. We will
expand related activities in niche markets and work on projects
where we can make a difference for the client with our expert
knowledge and skills. Ballast Nedam applies a differentiated market
approach for its three divisions.
With further industrialization of the building process through
the use of innovative modular concepts and standardization Ballast
Nedam creates enduring quality at the lowest possible life cycle
costs for its clients and society. The Ballast Nedam share is
included in the Amsterdam Small Cap Index (AScX) of NYSE Euronext.
http://www.ballast-nedam.com
Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and
construction firm that designs and builds some of the world's most
complex projects. The company creates and delivers innovative
solutions for its clients in engineering, procurement, fabrication,
construction, maintenance and project management on a global basis.
For more than a century, Fluor has served clients in the energy,
chemicals, government, industrial, infrastructure, mining and power
market sectors. Headquartered in Irving,
Texas, Fluor ranks 109 on the FORTUNE 500 list. With more
than 40,000 employees worldwide, the company's revenue for 2013 was
$27.4 billion. Visit Fluor at
http://www.fluor.com and follow on Twitter @FluorCorp.
Heijmans
Heijmans is a listed company that combines activities related to
real estate development, residential building, non-residential
building, technical services and infrastructure. Heijmans is active
in the Netherlands, Belgium and Germany. Our focus on an integrated approach
and high-quality execution creates added value for our customers.
Heijmans realizes integrated, innovative projects for large
customers, such as companies and government organisations, and
homes for investors and consumers. With over 7,400 employees and €
2.1 billion in revenues in 2013, we are building the spatial
skylines of tomorrow.
3i Infrastructure plc
3i Infrastructure plc is a Jersey-incorporated, closed-ended
investment company, listed on the London Stock Exchange and
regulated by the Jersey Financial Services Commission. The Company
is a long-term investor in infrastructure businesses and assets.
Its strategy is to maintain a balanced portfolio of investments in
order to deliver stable returns to its shareholders, through a mix
of income and capital appreciation. Its objective is to provide
shareholders with a total return of 10% per annum and, within that
overall objective, it targets an annual distribution yield of 5.5%.
The Company's market focus is on core economic infrastructure in
developed economies, principally in Europe, in the utilities and transportation
sectors, investing in operational businesses which generate
long-term yield and can provide capital growth. It also has
investments in social infrastructure and is building its exposure
to primary PPP and renewable energy projects. 3i Investments plc, a
wholly-owned subsidiary of 3i Group plc, is authorised and
regulated in the UK by the Financial Conduct Authority and acts as
Investment Adviser to 3i Infrastructure plc.