ACS - Actividades de Construcción y Servicios SA is set to participate in one of the largest highway projects in the Netherlands through its involvement in the GelreGroen joint venture. The project, located in the Arnhem area, involves extending the A15 highway by twelve kilometers and widening the A12 and A15 with new lanes over a 23-kilometer stretch. The project, scheduled to begin in January 2026, will also include the construction of 45 bridge structures, ten traffic junctions, and additional noise barriers, with a significant feature being a new 2.5-kilometer bridge over the Pannerdensch Canal. The joint venture, comprised of HOCHTIEF, John Laing, Dura Vermeer, and BESIX, emphasizes sustainability with a "nature inclusive design" approach. The highway is expected to be opened by the end of 2031, and the contract includes provisions for financing, operation, and maintenance until 2051.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.