Preliminary Award of Project Zuidasdok to Fluor, Heijmans and Hochtief Joint Venture
January 19 2017 - 5:40PM
Business Wire
Fluor Corporation (NYSE: FLR) announced today that the Zuidasdok
project has been preliminarily awarded to Zuidplus, the joint
venture with Fluor, Heijmans and Hochtief. The contract includes
widening and partial underground installation of the A10 South
motorway and expansion of the Amsterdam Zuid station in the
Netherlands.
The design and construction contract is worth approximately $1
billion (€990 million) of which Fluor has a 42.5% share, Heijmans
15% and Hochtief 42.5%. The contract also includes seven years of
maintenance for the tunnels. Zuidasdok is a joint project by the
City of Amsterdam, ProRail and the Directorate-General for Public
Works and Water Management of the Netherlands
(Rijkswaterstaat).
The widening and partial tunneling of the A10 South motorway
will create accessibility and new public spaces to the Zuidas
district, improving quality of life in the area. Space will also be
created for the new Amsterdam Zuid station making it a high-quality
public transport hub. The widening will also take place at the
junctions De Nieuwe Meer and Amstel.
Award of the final contract is expected to be in mid-February
when the project will then be further defined. It is expected that
construction will commence mid-2019 and be due for completion in
2028.
“This preliminary award is of great importance to Fluor as it
supports our strategic plan and we will be executing the project
with partners who also have a proven track record of delivering
similar undertakings,” said Hans Dekker, president of Fluor’s
Infrastructure business. “We look forward to using our design build
expertise to successfully deliver this important project with cost
and schedule certainty.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering,
procurement, fabrication, construction and maintenance company that
designs, builds and maintains capital-efficient facilities for its
clients on six continents. For more than a century, Fluor has
served our clients by delivering innovative and integrated
solutions across the globe. With headquarters in Irving, Texas,
Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1
billion in 2015 and has more than 60,000 employees worldwide. For
more information, please visit www.fluor.com or follow us on
Twitter @FluorCorp.
About Hochtief
HOCHTIEF is one of the most international construction groups
worldwide. The Group operates construction 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. Because of its engagement for sustainability,
HOCHTIEF has been listed in the Dow Jones Sustainability Indexes
since 2006. HOCHTIEF Infrastructure, a subsidiary of HOCHTIEF,
delivers transportation, energy and building construction projects
in Europe and in selected regions worldwide. Further information is
available at www.hochtief.com/press.
About Heijmans
Heijmans is a listed company that combines activities related to
property development, residential building, non-residential
building, roads and civil engineering in the areas of living,
working and connecting. Heijmans is active in the Netherlands,
Belgium and Germany and as a technology partner delivers know-how
and concepts in various markets. Our constant focus on quality
improvements, innovation and integrated solutions enables us to
generate added value for our clients. Heijmans realises projects
for private consumers, companies and public sector bodies. With
almost 6,500 employees and in the first half of 2016 turnover of
almost € 950 million, we are building the spatial contours of
tomorrow. For more information, visit www.heijmans.nl.
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Fluor CorporationGlobal Media RelationsBrian Mershon,
469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff
Telfer, 469-398-7070orJason Landkamer, 469-398-7222orEAME Media
RelationsJanet Kearns, +44 1252 292039/+44 7802 373466
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