Ballast Nedam Signs Contract for Carolina Bridge

NIEUWEGEIN, The Netherlands, July 11, 2011 /PRNewswire/ --

Ballast Nedam has signed an agreement with the Ministry of Public Works of Suriname for the design and construction of the Carolina bridge across the Suriname river. The financial close concluding this agreement is expected to be finalized on 1 August. The net contract value of the project amounts to € 32 million.

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.

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