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HOCHTIEF to Design and Build High School in Bavaria

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Jan 30 2010

HOCHTIEF PPP Solutions secured the contract for another public-private partnership (PPP) project: In Höhenkirchen-Siegertsbrunn in Bavaria, the company will design, build and operate a new high school complete with gymnasium, outdoor and sports facilities.

In addition, it takes over the interim financing for the project up to completion of the construction works. The contract volume over the entire 25-year period totals approximately EUR 50 million. The investment volume is roughly EUR 33 million.

The construction works which will start in May will be performed by HOCHTIEF Construction and take about 20 months. HOCHTIEF Facility Management will operate the educational facility from school-year 2011/2012 onwards and maintain an area of approximately 15,500 square meters. Almost 1,000 students will receive teaching at the school.

Source: http://www.hochtief.com/

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