TINC acquired a 19.2% minority interest in the Dutch public-private partnership (PPP) A15 Maasvlakte-Vaanplein. The project aims at the realization, financing and the long-term maintenance of various road works to improve traffic flows and traffic safety from and to the port on the A15 highway south of Rotterdam over a total distance of 37 kilometers.

The project is an availability-based PPP with a total nominal value of circa EUR 1.5 billion (US$ 1.70 billion) with Dutch agency Rijkswaterstaat as a public sector counterparty. The project was realized by a consortium of contractors including Ballast Nedam, Strukton, and Strabag. The infrastructure is completed and fully operational since 2016, the start of the 20-year maintenance period. 

This is an investment of circa EUR 12 million (US$ 13.64 million) for TINC which will immediately contribute to the result.