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

  • Key UK bridge project for A38
    October 29, 2024
    A key UK bridge project for the A38 over the HS2 route.
    Read More
  • India’s new expressway link
    April 12, 2021
    Accelerated road construction methods are being used to build an expressway link in India, setting records along the way
    Read More
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
    Read More
  • €10 billion maintenance for French roads
    December 9, 2024
    A €10 billion maintenance plan for French roads.
    Read More

Highlighted Content