Fluor receives share in €700M Dutch infrastructure project

|About: Fluor Corporation (FLR)|By:, SA News Editor

The Directorate-General for Public Works and Water Management of the Netherlands has awarded a consortium consisting of Fluor (FLR +0.2%), 3i Infrastructure (OTC:INFCF), Ballast Nedam and Heijmans with a project to design, build and maintain the existing and new infrastructure of the A9 motorway between Diemen and Holendrecht in the Netherlands.

The project has a total nominal value of approximately €700M, including a 20-year management and maintenance period after the new infrastructure becomes available.