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Fehmarn Belt tunnel contract awards authorised

Νίκος Καραγιάννης

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Femern A/S will present the results of the negotiations to the Danish Minister of Transport before signing the final contracts, scheduled for May. The contracts will be conditional on the German government granting permits for the project, at which point construction of the 18 km immersed tube tunnel between Rødbyhavn on Lolland and Puttgarden on the German island of Fehmarn would begin.

The negotiated contracts will be valid until the end of 2019, with an option to renegotiate at that time. In May 2013 nine major international consortia prequalified to submit tenders. Bids were evaluated with a 50% technical and 50% price weighting.

 
Fehmarnbelt fixed link preferred bidders
Immersed tunnel, including the factory which will produce 89 pre-cast concrete elements.
 

Femern Link Contractors

Contractors    
Vinci Construction Grands Projets (France), Per Aarsleff (Denmark), Wayss & Freytag Ingenieurbau (Germany), Max Bögl Stiftung & Co (Germany), CFE (Belgium), Solétanche-Bachy International (France), BAM Infra (Netherlands), BAM International (Netherlands)

Subcontractor: Dredging International (Belgium)

Consultant: Cowi (Denmark)

Portals and ramps, including connections to the existing motorways and railways

Femern Link Contractors
Dredging the 18 km trench and land reclamation

Fehmarn Belt Contractors  

Contractors, Boskalis International (Netherlands),   Hochtief Solutions (Germany), Ed Züblin (Germany), Van Oord Dredging & Marine Contractors (Netherlands)

Consultant: Sweco (Denmark)    

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All 5 participants qualified to tender’s next stage for Kalamata-Methoni road project

Νίκος Καραγιάννης

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Phase A of the tender of the large-scale PPP project regarding the upgrade of Kalamata-Pylos-Methoni road axis, in of the most important new generation projects in the pipeline, has been completed. The tender was launched on July 2, 2019.

As it has become known by the Ministry of Infrastructure and Transport, all 5 companies that have expressed their interest have been qualified.The competition was launched on 2 July 2019.

Upon the completion of Phase A, the 5 contenders will proceed to Phase B1, which is the competitive dialogue, duuring which the technical scope of the project will be identified, the environmental study will be drafted and approved and the tender documents will be drawn up. After that, in Phase B2 the bids will be submitted and the contractor will be awarded.

Following the contract awards, the Court of Audit will launch its scrutiny after the successful conclusion of which, the contract will be ratified by the Greek Parliament and signed, allowing the construction phase to begin.

The project

It is reminded that the above-mentioned 5 companies have expressed their interest for the major PPP road project regarding the upgrading of Kalamata-Pylos-Methoni road axis are: AVAX, AKTOR CONCESSIONS, INTRAKAT, GEK TERNA and ACCIONNA CONCESIONES-MYILINEOS. Implementing entity is the Ministry of Infrastructure and Transport.

The estimated cost of the project is 312.23m euros (incl. VAT, VAT excl.:251.8m euros). The tender will proceed according to the provisions of L.4412/2016. As it is already known, the contract awarding procedure comprises 2 phases:

Phase A: Expression of interest and

Phase B (including 2 stages):

– Competitive dialogue and

– Binding offers

The duration of the PPP contract will be 360 ​​months (i.e. 30 years) while there is no provision for funding from the European Union. The repayment of the project will be made through availability payments or other installments during the operation period.

Under the partnership agreement, the private partner is expected to undertake the following:

a) The preparation of all the studies required for the construction of the projec (on the basis of the studies provided by the contracting authority, the final design of the project, environmental permits, etc.),

b) Execution of the entirety of the required construction works,

c) Financing the project,

d) Maintenance and operation of the road section «Kalamata – Rizomilos – Pylos – Methoni», as provided for in the final design, for the duration of the PPP,

e) Return of the project to the Greek State, at the end of the contract period.

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Master Plan for Athens International Airport, approved

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Διεθνής Αερολιμένας Αθηνών

The master plan for the long-awaited expansion of Athens International Airport «El. Venizelos» has been approved, according to infrormation of ypodomes.com. This is the first major step for the launch of a project that it is said to reach a budget of 700m euros. The expansion project of AIA will definitely be another major airport project, after those of the 14 regional airports of Fraport Greece and the new airport to be constructed in Kastelli, Crete by TERNA.

More specifically,  the approval has been granted for:

A. The modification of the spatial planning for the construction of a new aiport apron, a new general aviation track and a new building to host and support ground services;

B. The study of the construction of a new taxi rank, northwest of the commercial park.

The new terminal will include several new gates equipped with jetways, ramps, new VIP and lounge areas, shopping and dining areas, etc.

With the above projects an area of 100,000 sq.m. will be added to the facilities of the airport, part of which is the expansion of the satellite station. The goal is for Athens International Airport to be able to handle 30m passengers per year, with a long-term goal to achieve a capacity of 50m passengers per year, by 2040.

Athens Airport has recorded impressive passenger traffic over the past six years, with multiple records mainly due to international flights. For 2019, the annual traffic figures reached 25.5m passengers.

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Bombardier and Alstom believed to be in merger talks

ypodomes team

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Εργοστάσιο Alstom

Exploratory discussions are believed to be underway regarding a proposed merger between Bombardier Transportation and Alstom according to a report by Bloomberg on January 21.

Shares in both companies rose on January 22 following the news. Alstom’s share price soared to a 52-week high of €46.42, while Bombardier’s share price reached a peak of $C 1.44 ($US 1.09) before dropping back to close at $C 1.28. However, this represents a small recovery for Bombardier which saw its share price plummet from $C1.79 on January 15 to a low of $C 1.12 on January 17 following its announcement of worse than expected financial performance on January 16.

Bombardier, which is headquartered in Montreal, has gone through a period of restructuring during the last few years, mainly due to problems with its aircraft business. This resulted in it divesting a large part of the aircraft business and selling a 30% stake in its Bombardier Transportation rail division to Caisse de Depot et Placement du Quebec (CDPQ) for $C 1.5bn. The deal was approved by the European Commission (EC) in February 2016.

In 2017, Bombardier started talks with Siemens regarding a possible merger with Siemens Mobility. However, Siemens broke off the talks in order to launch merger discussions with Alstom. Despite reaching agreement in 2018, the Siemens and Alstom merger was quashed by the EC on February 6 2019 on the grounds that the two companies had failed to address its concerns over the potential impact of the deal on competition in the signalling and high-speed rolling stock markets.

It is difficult to see how a merger between Bombardier Transportation, which is headquartered in Berlin, and Paris-based Alstom would succeed when both companies are in the high-speed rail and signalling markets, let alone the commuter train, metro train and light rail markets where they are strong players.

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