Heijmans to build R4 Ring Road South near Gent
(Thomson Reuters ONE) -
Heijmans under contract to the Flemish government will be constructing and
maintaining the last segment of the Gent Ring Road. Heijmans forms part of a
consortium for this purpose that also comprises Antwerpse Bouwwerken nv, Besix
nv and Stadsbader nv. This is a Design, Build, Maintain contract, with Heijmans'
share valued at approximately ? 15 million for construction and another ? 12+
million for maintenance. The project will start in the spring of 2012 and is
expected to be completed in 2014 after which the 30-year maintenance period
commences.
The project concerns a public-private partnership (PPS), similar to an earlier
contract acquired by Heijmans for the construction of the Antwerp Ring Road
('Brabo 1'). The contract confirms Heijmans' leading position on the Belgian
infrastructure-PPS market. The construction of this missing road segment
represents the final segment in creating improved mobility around the city of
Gent. A key component of the project is the need for minimising traffic
disruption during construction and good communications with affected parties.
These criteria are in line with Heijmans' experience concerning the Eindhoven A2
Ring Road, the PPS character of the Brabo 1 project in Antwerp and the Delft-
Schiedam A4 motorway.
About Heijmans
Heijmans is a listed company, that combines activities related to property
development, residential building, non-residential building, technical services,
road building and civil engineering. Heijmans operates in the Netherlands,
Belgium and Germany. We create added value for our customers by focusing on
quality improvement, integrated projects, sustainability and profitability.
Heijmans realizes projects for home buyers, companies and government entities.
With approximately 8,100 employees and ? 2.7 billion in revenues in 2010, we are
building the spatial skylines of tomorrow. For more information,
visitwww.heijmans.nl.
For more information, not for publication
Press:
Lonneke Wijnhoven
Director Communications
+31 (0)73 543 52 17
Analysts:
Frank Heerens
Manager Investor Relations
+31 (0)73 543 52 17
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Heijmans NV via Thomson Reuters ONE
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