Rotterdam/Bunnik/Utrecht, the Netherlands, 16 March 2018 - Rijkswaterstaat (part of the Dutch Ministry of Infrastructure and the Environment and responsible for the design, construction, management and maintenance of the main infrastructure facilities in the Netherlands) has awarded the Afsluitdijk project to the Levvel consortium. This joint venture is formed by Van Oord Aberdeen Infrastructure Partners B.V. (46%), BAM PPP PGGM Infrastructure Coöperatie U.A. (46%) and RebelValley B.V. (8%). Levvel will be responsible for design, build, finance and 25 years maintenance of the strengthened Afsluitdijk. Construction works are expected to start in the autumn of 2018. In 2023, works on the Afsluitdijk will be completed. The net present value of the project is approximately €550 million.