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The Highway 2000 Project  
 

The Highway 2000 Project

client:
..
National Road Operating and Constructing Company Limited (NROCC), a company wholly owned by the Government of Jamaica (the "Grantor")
 
 
country:
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Jamaica
 
 
year:
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2001 - 2005
 
 

Halcrow has been commissioned to provide technical expertise and management support to the lending and Guarantor Commercial Banks of the Elefsina-Stavros-Spata Airport and Western Imittos Peripheral Motorways, a major DBFOT motorway project.

Scope

Technical and contractual advice and support for bid evaluation and negotiations with bidders as well as audit and monitoring of construction and operation activities

Associated firms

UBS Warburg, Financial
Allen and Overy, Legal
Steer Davies Gleave, Trafiic
CFAS Ltd, Economic/Financial
Hue Lyew Chin Engineering, local associate

Financed by

Local Bond issue, guaranteed by the Government of Jamaica, equity and commercial banks.

Key factors

Largest infrastructure project in Jamaica and the English speaking Caribbean
Minister for Transport declares "the road to development calls for the development of roads"
Bouygues Travaux Publics awarded concession on 21 November 2001 as Trans Jamaican Highway Company
BOT design, finance, construction, operation and maintenance of greenfield tolled motorway network in Jamaica under a 35 year concession agreement
Phase 1A - 22.7km from Kingston to Sandy Bay
Phase 1B - 40.7km from Sandy Bay to Williamsfield including 11.8km upgrading of existing Portmore Causeway/Dyke Road and construction of a new bridge over Hunt's Bay
Phase 2 - 86km from Williamsfield to Montego Bay and 67km spur from Bushy