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    Signature(s)

    Amount
    € 325,933,403.95
    Countries
    Sector(s)
    The Netherlands : € 325,933,403.95
    Transport : € 13,037,336.16
    Water, sewerage : € 312,896,067.79
    Signature date(s)
    29/05/2018 : € 13,037,336.16
    29/05/2018 : € 312,896,067.79
    Link to source

    Summary sheet

    Release date
    14 November 2017
    Status
    Reference
    Signed | 29/05/2018
    20170057
    Project name
    Promoter - financial intermediary
    NETHERLANDS FLOOD DEFENSE PPP
    KONINKRIJK DER NEDERLANDEN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 326 million
    EUR 788 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the reinforcement of the Afsluitdijk dyke body and the sluices and locks at Den Oever and Kornwerderzand so as to withstand a storm with a probability of 1/10 000 years, until at least halfway through this century. Pumps will be installed within the sluice complex at Den Oever to ensure the availability of drainage capacity even at times when sluicing is not possible. The project includes a small component of road improvement and maintenance to the National Motorway A7. The project is situated at the northern part of the Netherlands, running from Den Oever on Wieringen in North Holland province and providing flood protection from the Wadden Sea.

    The project aims to protect the Netherlands against rising sea and inland water levels. The project concerns the upgrade of the 32km long Afsluitdijk dyke, which currently does not meet the requirements for safety against flooding. The project is being procured as a design-build-finance-maintain (DBFM) public-private partnership (PPP).

    Environmental aspects
    Procurement

    The project falls under Annex I of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Compliance with the EIA Directive, the Habitats Directive (92/43/EEC) and Birds Directives (79/409/EEC) and NATURA 2000 will be verified in detail during appraisal.

    The tender process was launched in November 2016, four letters of interest were received and in February 2017 a competitive dialogue process started with the bidders. Final offers and contract award together with financial close are expected to happen during 2018. The concession will include design, construction, financing and maintenance. Procurement procedures and compliance with Directive 2004/18/EC will be verified in detail during appraisal.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - NETHERLANDS FLOOD DEFENSE PPP
    Publication Date
    4 Dec 2017
    Document language
    Main Topic
    Lending
    Document Number
    77264097
    Document Focus
    Environmental Information
    Project Number
    20170057
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - NETHERLANDS FLOOD DEFENSE PPP - Plan - Project - MER Afsluitdijk
    Publication Date
    4 Dec 2017
    Document language
    Main Topic
    Lending
    Document Number
    80204442
    Document Focus
    Environmental Information
    Project Number
    20170057
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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