Papendrecht, 25 June 2009
Royal Boskalis Westminster N.V. has been awarded the contract for the protection of a 7 kilometer stretch of coastline in Cotonou, Benin in Western Africa. The contract was awarded by the Ministry of housing, environment and coastal protection of the Republic of Benin and has a value of more than 35 million. The project is due to start in the second half of 2009 and will be completed over a 3-year period.
The project requires the refurbishing of an existing groin and the construction of seven new groins into the sea to prevent further erosion of the coastline. The refurbishment and construction will be carried out with dry earth moving equipment. The groins will be constructed using 600,000 ton of rock sourced from local quarries.
The Boskalis strategy is designed to benefit from the key macro-economic drivers that are fueling global demand in our selected markets: global trade, increasing energy consumption, expanding population pressures and the challenges of changing climate conditions. This coastal protection project is driven by population growth and climate change.
This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail.
Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. Boskalis provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. The company holds important home market positions in and outside of Europe and targets all market segments in the dredging industry. It also has positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). Boskalis has a versatile fleet of over 300 units and operates in over 50 countries across five continents. Including its share in partnerships, Boskalis has approximately 10,000 employees.
For further information please contact:
Martijn L.D. Schuttevâer
Director of Investor Relations & Corporate Communications
Telephone: +31 78 69 69 822 / +31 6 200 10 232
Telefax: +31 78 69 69 020
This press release can also be found on our website www.boskalis.com
For IR matters contact our Director of Investor Relations & Corporate Communications.
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