Agency / Source: HOCHTIEF AG

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ViA6West Consortium Wins Contract for A6 in Baden-Württemberg - The ViA6West consortium made up of HOCHTIEF PPP Solutions, DIF Infrastructure IV and JOHANN BUNTE Bauunternehmung has won a major contract in the area of federal highway construction - HOCHTIEF-PPPSolutions.com
ViA6West Consortium Wins Contract for A6 in Baden-Württemberg

 

PRZOOM - /newswire/ - Essen, Germany, 2016/10/21 - The ViA6West consortium made up of HOCHTIEF PPP Solutions, DIF Infrastructure IV and JOHANN BUNTE Bauunternehmung has won a major contract in the area of federal highway construction - HOCHTIEF-PPPSolutions.com . ASX: CIM

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction / Architecture / Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Planning, financing, construction, operation and maintenance of section between Wiesloch and Weinsberg;
• Partners: HOCHTIEF PPP Solutions, DIF Infrastructure IV and JOHANN BUNTE Bauunternehmung;
• Project volume around EUR 1,3 billion of which construction volume around EUR 600 million.

The consortium has been awarded the contract to plan, finance, build, operate and maintain the A6 federal highway extension between the Wiesloch/Rauenberg intersection and the Weinsberg interchange in Baden-Württemberg. The partners will widen the section over a distance of 25.5 kilometers to six lanes with no interruption to traffic and will refurbish the 1.3-kilometer Neckartal Bridge between Heilbronn/Untereisesheim and Neckarsulm. The project also entails the operation and maintenance of the A6 over a total distance of 47.2 kilometers, some sections of which have already have been expanded.

The project volume amounts to around EUR 1,3 billion. Construction accounts for around EUR 600 million of this total. HOCHTIEF PPP Solutions has a 30 percent share in the ViA6West project company; DIF and JOHANN BUNTE Bauunternehmung hold 50 percent and 20 percent respectively. The construction work due to start at the beginning of 2017 with completion in summer 2022 will be handled by a joint venture between HOCHTIEF Infrastructure and JOHANN BUNTE Bauunternehmung. After completion ViA6West will operate and maintain the full section of highway until 2046.

“We are delighted that the federal government is entering into another public-private partnership with us in the area of federal highways”, says Marcelino Fernández Verdes, CEO of HOCHTIEF Aktiengesellschaft.

The A6 is being implemented as an availability model. This means that the operator’s remuneration depends on the extent to which the expanded section is available to car and truck drivers. Quality aspects also play a role in the remuneration.

Financial Close is expected in December 2016.

About HOCHTIEF PPP Solutions
HOCHTIEF PPP Solutions (hochtief-pppsolutions.com) develops and realizes concessions and operator projects in the business fields Transportation Infrastructure and Social Infrastructure. Based in Essen, Germany, this subsidiary of HOCHTIEF Solutions has business units and offices in Chile, Greece, the United Kingdom, the Netherlands, Canada and the USA. HOCHTIEF PPP Solutions offers its public-sector partners integrated, intelligent and innovative solutions for infrastructure projects.

About HOCHTIEF
HOCHTIEF (hochtief.com) is one of the most international construction groups worldwide. The company delivers complex infrastructure projects, in some cases on the basis of concession models. The Group operates in the transportation infrastructure, energy infrastructure and social/urban infrastructure segments as well as in the contract mining business. With around 44,000 employees and a sales volume of more than EUR 21 billion in FY 2015, HOCHTIEF is represented in all the world’s major markets. With its subsidiary CIMIC, the Group is market leader in Australia. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction / Architecture / Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: HOCHTIEF AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction / Architecture / Infra articles,
CATCH Visitors via Your Competitors Announcements!


ViA6West Consortium Wins Contract for A6 in Baden-Württemberg

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
HOCHTIEF PPP Solutions | ViA6West Consortium
Contact: Dr. Bernd Pütter - HOCHTIEF.de 
+49 201 824-2610 bernd.puetter[.]hochtief.de
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

Construction / Architecture / Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From HOCHTIEF AG / Company Profile


Read Construction / Architecture / Infra Most Recent Related Press Releases:

HOCHTIEF Wins EUR 580 Million Contract for A7 Tunnel Altona in Hamburg
PCL Construction Develops Cleaning Module to Bring Confidence Back to Businesses and Shoppers
Sedgman Secures 0m Operations Contract Extension
Construction Adhesive and Sealant Manufacturers Go Green to Tap into Immense Growth Prospects Says Frost & Sullivan
VINCI Wins Bridge Replacement Contract in Australia
L&T Technology Services Applauded by Frost & Sullivan for its Holistic Intelligent Building Experience Management System
VINCI Construction Has Been Awarded the Contract to Build the Viaduct for Metro Line 18 of the Grand Paris Express
VINCI Signed Contract to Build the Sambangalou Dam in Senegal
VINCI-led Consortium with Meridiam is Designated as Preferred Bidder for the D4 Motorway PPP Contract in the Czech Republic
VINCI Wins Sydney Gateway Motorway Contract in Australia

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit Calmerry

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2021 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today