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Hochtief JV wins £534M German highways contract

NCE stock roads

A Hochtief joint venture (JV) has won a construction job worth £534M on the A6 road in Baden-Württemberg in Germany.

The ViA6West consortium comprises Hochtief PPP Solutions, DIF Infrastructure IV and Johann Bunte Bauunternehmung.

The contract is to finance, build, operate and maintain the A6 federal highway extension between the Wiesloch/Rauenberg intersection and the Weinsberg interchange in Baden-Württemberg.

A 25.5km-long stretch will be widened to six lanes and the 1.3km-long Neckartal Bridge will be refurbished. After construction has been completed, the JV will manage the total stretch covering 47.2km.

The whole project is expected to cost around £1.1bn. It is being implemented as an availability model, meaning the JV’s remuneration largely depends on the extent to which the expanded section is available to car and truck drivers.

Of the ViA6West project company, Hochtief has a 30% share, DIF holds 50% and Johann Bunte Bauunternehmung will hold 20%. Financial close on the project is expected next month.

Construction work is due to start at the beginning of 2017 and complete in 2022. The contract to operate the highway runs until 2046.

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