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Investors - FEBRUARY 22, 2021

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HOCHTIEF-led joint venture to expand facilities at Port of Rotterdam

by Kali Persall

A joint venture headed by HOCHTIEF has been commissioned to expand the capabilities of the Port of Rotterdam in the Netherlands, the largest seaport in Europe.

The partnership, which includes Ballast Nedam and Van Oordhas, will work to extend the quay facilities of Princess Amalia Harbor at the Port of Rotterdam by around 2.4 kilometers (1.5 miles).

The €170 million ($205 million) project also will include dredging work and a pile-foundation craneway roughly 1.8 kilometers (1.1 miles) in length for container cranes.

The expansion to Princess Amalia Harbor will increase the harbor’s annual handling capacity by 4 million standard containers, according to HOCHTIEF. The world’s biggest container ships will be loaded and unloaded at the new quay facilities, once complete.

Construction work is scheduled to begin in March and is slated for completion by mid-2024.

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