The Strabag/Meridiam consortium has achieved the financial closure of the German highway A49 PPP, reported media outlets.
The €880 million ($1 billion) contract begins as planned on Sept. 1, 2020.
The project involves the planning and construction of a 30.8-kilometer (19 mile), four-lane road, and the maintenance and operation of 61.8 kilometers (38.4 miles) located in the German state of Hesse.
