Danish PPP landmark move

Denmark is making a landmark move in the highway building sector by setting up its first public-private partnership (PPP) contract. The deal is for the construction and operation of a 26km highway linking Sønderborg and Kliplev and is worth €148 million. The 26-year contract includes building the M51 and building seven junctions and 18km of secondary roads. The Kliplev Motorway Group (KMG) consortium will build the link and is led by Vienna, Austria-based Strabag, which will participate in the project throu
July 5, 2012 Read time: 1 min
Denmark is making a landmark move in the highway building sector by setting up its first public-private partnership (PPP) contract.

The deal is for the construction and operation of a 26km highway linking
Sønderborg and Kliplev and is worth €148 million. The 26-year contract includes building the M51 and building seven junctions and 18km of secondary roads.

The 2352 Kliplev Motorway Group (KMG) consortium will build the link and is led by Vienna, Austria-based 945 Strabag, which will participate in the project through its German subsidiary Becker Bau Neustadt.

For more information on companies in this article

Related Content

  • Key highway projects planned for Vietnam
    February 22, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
    Read More
  • Germany builds its first major PPI autobahn project
    July 7, 2015
    Rebuilding of one of the oldest motorways in Germany is testing out the possibilities for public-private project road construction reports Adrian Greeman A freshly renovated section of the A8 Autobahn in southern Germany will be watched with some interest this summer as traffic begins driving along its rebuilt carriageway and additional third lanes. That is not because of any special road features, other than a distinctive reddish colour to its concrete surface, but because it is a first fullscale public
    Read More
  • Key highway projects planned for Vietnam
    April 5, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
    Read More
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More

Highlighted Content