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17.11.2015 07:15:33

Heijmans involved in 3rd chamber of Beatrix Lock and widening of Lek Canal PPP Project

Heijmans is to be involved in the consortium formed by the BESIX Group, RebelValley and TDPartners that has been provisionally designated by the Directorate-General for Public Works and Water Management (Rijkswaterstaat) as the selected bidder for the third chamber of the Beatrix Lock and the widening of the Lek Canal PPP Project. Following the contract closing of the public-private partnership, Heijmans will be given a one third share in the combination responsible for the construction (EPC) and will participate in the special purpose company (SPC) to be created for this purpose. In addition, Heijmans will be involved in the long-term maintenance. The financial close is expected to occur in the first quarter of 2016.

Rijkswaterstaat wants to improve passage through the Lek Canal near Nieuwegein and reduce waiting times at the Beatrix Lock for inland waterway vessels.
The project includes the construction of a third sluice chamber, the widening of the Lek Canal and the construction of lock approaches and berths in the canal. The Lek Canal, which incorporates the Princess Beatrix Lock, connects the Amsterdam Rhine Canal with the Lek River, and is an important waterway between the ports of Rotterdam and Amsterdam.

The project will be executed as a Public Private Partnership (PPP) with a DBFM contract, whereby the design, new construction, financing and maintenance will be in the hands of a private party for an extended period of time.

Work is expected to commence in September 2016. The third chamber of the Beatrix Lock and the widened Lek Canal are to be completed in 2019, after which the 27-year maintenance period will go into effect.

About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building, roads and civil engineering in the working areas living, working and connecting. Heijmans is active in the Netherlands, Belgium and Germany and as a technology partners delivers know-how and concepts in various markets. Our constant focus on quality improvements, innovation and integrated solutions enables us to generate added value for our clients. Heijmans realises projects for private consumers, companies and public sector bodies.
With approximately 6,800 employees and revenues of more than € 900 million in the first half of 2015, we are building the spatial contours of tomorrow. You will find additional information on www.heijmans.nl


For additional information/not for publication:

Media
Rik Hammer
+31 73 543 52 17
rhammer@heijmans.nl

Analysts
Guido Peters
+31 73 543 52 17
gpeters@heijmans.nl 





This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Heijmans NV via Globenewswire

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