Antwerp project cost spirals to €10.1 billion

The Antwerp Oosterweel project cost has spiralled to €10.1 billion.
By MJ Woof November 1, 2024 Read time: 1 min
Antwerp in Belgium will benefit greatly from its new road link when complete but the project has been hit by major cost increases -= image courtesy of © Arvelius| Dreamstime.com


A huge increase in cost has been seen for the Oosterweel link project in Antwerp, Belgium. The Oosterweel route is providing an improved connection between the Expressweg (E34) through a tolled tunnel running underneath the Scheldt and a twin deck tunnel under the Albert Canal to the Antwerp Ring Road.

The project was originally expected to cost €6.8 billion but the cost has now spiralled to €10.1 billion due to a number of factors. These factors include increased costs for materials and labour since the COVID 19 pandemic as well as unforeseen technical challenges and the need for additional pollution measures.

Construction commenced in 2017 and should be complete by 2033.

 

Finance & Funding

Related Content

  • Delayed Houston Ship Canal Bridge nearing first phase
    February 23, 2024
    The delayed Houston Ship Canal Bridge is nearing its first phase completion.
    Read More
  • Texas toll road project
    May 25, 2023
    Work is underway on a Texas toll road project.
    Read More
  • Costa Rica road projects moving forward - slowly
    July 18, 2017
    Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta
    Read More
  • Kerch Strait Bridge project budget
    July 13, 2016
    A new budget projection has been set for Russia’s landmark Kerch Strait Bridge project. A close analysis of the various cost factors has now set the project’s pricetag at US$3.57 billion. Originally the project was expected to cost in the region of $1.5-3 billion but the challenging conditions and the tough winter climate have led to increased costs. The bridge will be 4.5km long and link Russia’s Taman Peninsula with the Crimean Peninsula.
    Read More

Highlighted Content