BAM wins joint venture PPP contract for Liefkenshoek Rail Link in Antwerp

Bunnik, The Netherlands, 5 November 2008 – The Locorail consortium formed by BAM PPP (50%), CFE (25%) and Vinci Concessions (25%) has won the contract to build the Liefkenshoek Rail Link in Antwerp. The client is Belgian rail network infrastructure manager Infrabel. Locorail is responsible under this public-private partnership contract for the design, construction and financing of the new railway tunnel and for its maintenance for a period of 38 years. The contract value amounts to around €840 million.

The contract involves the design and construction of 16.2 kilometres of double-track rail link, consisting of 4.8 kilometres of embankment, 4.2 kilometres of open and covered trench, 1.2 kilometres of existing tunnel (reopening of the already built but never used Beveren Tunnel) and almost 6 kilometres of double-bored tunnel with an internal diameter of 7.3 metres. The Liefkenshoek Railway Tunnel will provide a vital expansion of transport capacity between the left and right banks of the Port of Antwerp, which has experienced significant growth since the opening of Deurganck Dock.

Locorail will award construction to the Locobouw building consortium, which is made up of MBG, CEI-De Meyer, Wayss & Freytag Ingenieurbau and Vinci Construction Grands Projets (each 25% partners). CEI-De Meyer and Wayss & Freytag Ingenieurbau are operating companies of Royal BAM Group nv.

Work will start in late 2008 and is expected to be completed by mid 2013.

Further information: A.C. Pronk, +31 (0)30 659 86 21.