BAM team bags €63m Belgian civils contract

expat network

BAM team bags €63m Belgian civils contract

BAM Contractors nv – an operating company of Royal BAM Group nv, active in the civil market in Flanders and Brussels – has won, in joint venture, a major civil project in Antwerp. The contract value is €63 million, of which one third is for BAM Contractors. The clients are Beheersmaatschappij Antwerpen Mobiel, the City of Antwerp, Aquafin and Rio-link.

The joint venture THV Schijnpoort is among other things responsible for the reconstruction of part of the Noordersingel, the relocation of the watercourse Grote Schijn, drainage works, constructing a screw pump, the reconstruction of cycle paths constructing new ducts and, modifying existing ones beneath the R1 ring road and redesigning the public space.

Wayss & Freytag Ingenieurbau, the German civil engineering company also a member of Royal BAM Group, will undertake the construction of a number of foundation shafts for microtunnelling on behalf of the joint venture.

The works are expected to be completed by the summer of 2018.

About BAM Belgium
BAM Belgium unites the activities of BAM Contractors (which, until 2014, operated separately as CEI-De Meyer and Betonac), Interbuild, Kaïros, Galère and BAM Technics.

From its registered office in Wilrijk, Interbuild carries out non-residential and apartment projects with its workforce of more than 250 people in Flanders and the Brussels region. The company is responsible for the realisation of various projects that are distinctive in terms of size and/or architecturally.

The Belgian company BAM Contractors nv was also involved in the establishment of public and residential construction projects. The company is one of the leading construction companies in Belgium and is active in the infrastructure sector in numerous (sizeable) civil architecture and industrial construction projects.

Galère constructs buildings and infrastructure projects, both for the government and the private sector. The emphasis is on large infrastructure projects, but the company is also active in specialised sub-markets. Galère holds a leading position in French-speaking Belgium and is active in Wallonia, Brussels and – via subsidiary BAM Lux – in the Grand Duchy of Luxemburg.

Source: www.bam.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.