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Wed November 25 2020

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Amsterdam’s €740m lock project moves forward

17 Oct 13 The Port of Amsterdam public-private partnership project for a new sea lock has secured €2.7m (£2.3m) of European Union support.

The money from the TEN-T programme will fund a series of studies to prepare the IJmuiden sea lock project in the Netherlands for public-private partnership (PPP) procurement. The total investment for the new lock complex is expected to be €740m (£626m).

The studies will investigate the technical, financial, spatial planning and tender preparation aspects of the new lock using a design build finance and maintain (DBFM) contract. The initiative is set to be completed by the end of 2014.

The project’s objective is to increase the sea-access capacity to the Port of Amsterdam to 125 million tonnes per year through the construction of a new sea lock allowing new Panamax ships to enter the port.

The studies will lead to in the first DBFM project for large maritime infrastructure in the Netherlands. The results will have a significant impact on preparing the PPP contract and tender documentation, mitigating the risk of being the first such project. The use of PPP procurement is designed to accelerate the works, so that they can begin 10 years earlier than initially planned.

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