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Largest PPP project in Germany awarded to Laing consortium

The contract for the 30-year concession to design, build and widen, finance and operate the A1 Motorway between Bremen and Hamburg in Germany has been awarded to the A1 mobil Consortium comprising John Laing, Bilfinger Berger and Johann Bunte. The project is the largest PPP project awarded in Germany to date with an investment of €650m (£515m).

The project involves reconstructing 72km of the existing two by two-lane motorway to give three lanes in each direction. Construction work will be carried out by a Bilfinger Berger and Johann Bunte construction JV, with completion due by the end of 2012.

The A1 mobil Consortium is 42.5% John Laing owned, with Bilfinger Berger taking 42.5% and 15% Johann Bunte. Revenues will be based on tolls raised from heavy goods vehicles using the A1 Motorway.

Director of John Laing, Derek Potts said: "This is a significant award that firmly establishes John Laing in the German marketplace, where we are delivering on our stated strategy of applying our PPP expertise in new markets around the world where we see considerable opportunities both now and in the future.”

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