The Watty Vos Boulevard (WVB) project is a 22.5-year concession with the Government of Aruba for the design, construction and financing of a 21-kilometre-long, four-lane arterial road between Aruba’s main international airport and the island’s key tourist areas, as well as the provision of operations and maintenance services for the roadway.
Construction was completed in 2019 and the project became fully operational in December 2020. Operations and maintenance are self-performed by the WVB Project Company, VBA. Plenary acquired a 100% economic interest in the WVB Project Company from InfraRed in July 2022.
Location
Oranjestad, Aruba
Client
Government of Aruba
Value (NPV)
U$87.1 million
Our role
Equity investor
Operator and maintenance provider
Builder
Mota-Engil SGPS, SA
Services
Watty Vos Boulevard Project Co
Completion date
2019
Contract terms
Finance, operate and maintain for 20 years
The Project elements included the following:
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