Maasvlakte 2 opens - EUR150 million cheaper than estimated
With the official opening of Maasvlakte 2 on 22 May 2013, the port of Rotterdam has grown by 20% and doubled its container capacity. The area is now accessible by road, rail and water. The construction of the two container terminals of RWG and APMT is on schedule. They will be operational at the end of next year. Now that Maasvlakte 2 has been opened, the actual costs are also clear. In 2006 it was estimated that an amount of EUR 1.7 billion would be spent on the first phase of Maasvlakte 2. Including a ‘contingency sum’ of some extra EUR 200 million for large setbacks and deviations from the original plan, the total budget was EUR 1.9 billion. It now looks like the first phase cost EUR 1.55 billion. The work ended up EUR 150 million cheaper than estimated, and the ‘contingency sum’ of EUR 200 million did not have to be touched.