Client
Ministry of Transport, Public Works and Water Management
Location
Amsterdam, The Netherlands
High Speed Line Zuid
High Speed Line Zuid connects Rotterdam, Amsterdam and Schiphol Airport to the European high-speed rail network. Invesis is part of the Infraspeed consortium that won the contract in 2001 - at the time the largest PPP ever awarded by the Dutch government - to design, build and maintain the railway under a 25-year concession.
Financial Close
May 2001
Construction Period
2001 - 2006
Concession Period
25 years
Handback
2031
Client
Ministry of Transport, Public Works and Water Management
Location
Amsterdam, The Netherlands
Sponsor/Investor
Invesis, Fluor Infrastructure, Infrared, Innisfree
Consortium
Infraspeed b.v
Engineering Procurement and Construction
BAM Infra, Siemens, Fluor
Operations and Maintenance
BAM Rail, Siemens
Capital Value
€906m
Working with the Dutch Government to build and maintain a critical link in Europe's high-speed rail network
The Netherlands needed a high-speed rail link to connect its major cities and Schiphol Airport to the growing European high-speed network, boosting economic development and addressing capacity constraints on the existing system.
In 2001, the Ministry of Transport awarded the contract to the Infraspeed consortium - comprising Invesis (10.5%), Infrared (43%), Innisfree (43%) and Fluor Infrastructure (3.5%) - under a 25-year concession. The consortium designed and built the superstructure over five years (2001-2006) and has maintained it since. Construction was delivered by a joint venture of BAM Infra (43%), Siemens (46%) and Fluor (11%), with maintenance provided by BAM Rail and Siemens.
On completion of construction, the Dutch State began making availability-based performance payments independent of traffic levels - aligning long-term incentives with the quality of rail availability for operators and passengers. The concession runs until 2031.
