At the request of the client, the value is simply being described as being in the “mid three-digit” million range.
The project, being delivered on behalf of the Northern Territory Government, comprises the design, financing and construction of the Darwin Correctional Precinct as well as operation of the facility over a period of 30 years.
Bilfinger Berger Project Investments holds a 50% stake in the project company and is to invest approximately €30m (£26.2m). The Darwin Correctional Precinct represents the third prison project in Australia that Bilfinger Berger has been awarded to deliver under a PPP.
“The successful close shows that we continue to encounter strong demand in our international PPP markets”, said Roland Koch, chairman of the executive board at Bilfinger Berger SE. The new precinct will replace the existing outdated prison at Berrimah and will include an 800-bed men and women’s correctional centre, with provision for an additional 200 beds for future expansion, a 30-bed secure mental health and behavioural management centre and a 48-bed Centre with supported accommodation. The facilities are designed to support rehabilitation, education and reduced reoffending rates through the modernisation of correctional facilities and mental health management.