Financing secured for $246M Dutch motorway project

WCN Editorial Team 7 Oct 2016 EUROPE TRANSPORT INFRASTRUCTURE

3Angle will oversee the A27/A1 public private partnership (PPP) motorway project in the Netherlands after reaching financial close with the Dutch government.

The $246M project will include a 25-year management and maintenance period.

The development will involve the widening of the A27 motorway to two three-lane carriageways, and the widening of the A1 motorway to two four-lane carriageways, as well as increasing the capacity of the A27/A1 connecting curve within the Eemnes Junction.

3Angle — a special-purpose company comprising Fluor, 3i Infrastructure and Heijmans Capital — will be responsible for the financing, design, construction, management and maintenance of the reconstruction of the A27 motorway between Utrecht North and Eemnes Junction, and the A1 motorway between Eemnes Junction and the Bunschoten-Spakenburg interchange.

Fluor and Heijmans will provide engineering, procurement, construction (EPCM) services and operations and maintenance during the operational phase with equal shares.

* For more information on the Netherlands construction market, visit the Construction Intelligence Center Report Store.

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