Skip to main content

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

  • STRABAG working on Slovakian highway
    December 16, 2013
    A consortium is now working on the construction of one stretch of Slovakia’s D1 highway. The section lies between Hričovské Podhradie and Lietavská Lúčka and the project is worth €427 million. The consortium comprises four companies; with Doprastav, Váhostav and STRABAG all holding equal 32% stakes of the contract and Metrostav having a minority 4% share. The work being carried out by Doprastav, Váhostav and STRABAG is equivalent to some €140 million each. The construction work is expected to take 48 months
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
  • Champlain Bridge consortium files lawsuit
    October 25, 2021
    Signature on the Saint Lawrence claims the Canadian federal government passed a large part of additional costs onto SSL.
  • Canada: work officially starts on Montreal’s Champlain Bridge
    June 25, 2015
    Canada’s infrastructure minister, Denis Label, officially broke ground for Montreal’s replacement Champlain Bridge, saying the project will likely cost US$3.42 billion. The 3.4km Champlain Bridge Corridor Project, including spans and highway expansions, is expected to be completed by 2019. SNC-Lavalin, the 50% stakeholder in the winning consortium Signature on the Saint-Lawrence, recently announced it had finalised the deal with new Champlain Bridge owner Infrastructure Canada. Signature on the Saint-