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Financial setbacks could throw completion of new sea lock into uncertainty

Artist impression nieuwe zeesluis IJmuiden

On Wednesday, 6 December, various media outlets reported on financial setbacks at two construction companies involved in the new sea lock development project. These reports are based on press releases issued by BAM and VolkerWessels. The reason cited for the higher expenses is the stability of the caissons and the need to recalculate this construction. The client, the Directorate-General for Public Works and Water Management (Rijkswaterstaat), is discussing the impact of this development on the completion date of the project with OpenIJ, the contracting consortium of which BAM and VolkerWessels form part. We will inform you of any consequences of these developments as soon as more information becomes available.