Mott reasons to be cheerful PPP

Mott MacDonald has been appointed lenders’ technical advisor for a US$133.7million highway project in Gent, Belgium. The project is being funded through a public private partnership (PPP) by Via R4 Gent¹, a special purpose vehicle established to carry out the design, construction, financing and maintenance of the highway.
May 1, 2012 Read time: 2 mins
RSS2579 Mott MacDonald has been appointed lenders’ technical advisor for a US$133.7million highway project in Gent, Belgium.

The project is being funded through a public private partnership (PPP) by Via R4 Gent¹, a special purpose vehicle established to carry out the design, construction, financing and maintenance of the highway.

The project includes the construction of 4km of eastbound carriageway, consisting of two running lanes and an emergency lane, as well as a number of junction improvements associated with the R4 ring road in the south of Gent and its connectivity with the E17 and E40 motorways. Roundabout, slip roads, and new underpasses for vehicles, pedestrians and cyclists will all form part of the works as will four new bridges over canals to improve accessibility and assist future development of land in the southern parts of the city.

Mott MacDonald’s (MM) role includes monitoring construction and providing regular progress reports to the lenders. This follows the consultancy’s earlier due diligence role on the project, supporting it through to financial close.

Ido Croese, MM’s project director said: “This project builds on our previous infrastructure experience in Benelux as lenders’ technical advisor, having worked on the A12 motorway, A15 motorway and the second Coentunnel in the Netherlands and Brabo 1 tram line, the Liefkenshoek rail tunnel and Kempen North-South link in Belgium.”

Construction of the road is scheduled for completion by the end of 2014.

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