Bayern LB finances fire station PPP project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Bayern LB finances fire station PPP project

BayernLB has announced that it is financing the construction of the new main fire and rescue station of the city of Leverkusen through a public-private partnership (PPP). 

Construction company Madora will develop the project and design, construction and facility management of the project will be in charge of BAM Germany AG

The financing has a volume of €48.8 million (US$54.5 million). BayernLB assumes the long-term financing with a maturity of 25 years.

The new 15,000 m2 building has room for 50 fire engines. It provides office and living quarters for 130 employees and includes a control centre, training and fitness rooms and a workshop.

BayernLB has been supporting PPP projects in Germany for almost 20 years, such as schools, hospitals, nursing homes, administrative buildings and university facilities, providing a wide range of customized financing and investment solutions to governments, local authorities and public institutions.

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.