Annual Report 2015 Femern A/S Management Report Femern A/S is responsible for the planning and provision of the data needed for the planning approval of the coast-to-coast section across the Fehmarnbelt on behalf of the Danish government. The overall framework for the company's work is laid down by the treaty signed in September 2008 between Denmark and Germany on planning approval, financing, construction and running of a fixed link across the Fehmarnbelt between Rødbyhavn and Puttgarden. The treaty has been approved in Germany by an act passed in the Bundestag and Bundesrat, and in Denmark, the Danish Parliament has passed a planning act (Act on the planning of a fixed link across the Fehmarnbelt with associated landworks, April 2009). Based on the Planning Act, the Danish Minister for Transport and Building appointed Femern A/S as the body responsible for planning, preliminary studies and preparation in connection with the building of the coast-to-coast section. Femern A/S has conducted in-depth studies on both sides of the Fehmarnbelt and in the Belt itself since 2009, including of the marine environment, the environment on land, soil conditions and navigational safety in the Belt. The results of these preliminary studies form an important part of the documents used for the planning approval, and they were incorporated into the tender documents. Femern A/S has studied various bridge and tunnel solutions. Based on the results of these studies, an immersed tunnel has been selected as the preferred technical solution. The Minister for Transport and Building and 4 the political parties behind the fixed link approved the company's recommendation in February 2011. Rødbyhavn has been selected as the most appropriate production site for the large tunnel elements. This was confirmed when the parties backing the fixed link approved a recommendation by Femern A/S in June 2011. Parliament's Finance Committee approved a document in March 2013 on bringing forward activities etc., as a result of which, a number of construction works have been carried out on Lolland. The work involved is preparatory, designed to facilitate the start-up of the actual tunnel construction. The Danish Parliament passed the Act on the construction and operation of a fixed link across the Fehmarnbelt with associated landworks in Denmark on 28 April 2015. Plan approval in Denmark In 2015, the company's dealings with the Danish authorities was focused on providing technical expertise for the Construction Act for the project, and on following up on and implementing the provisions of the Act. With the commencement of the Construction Act on 6 May 2015, the company became obliged to pay compensation for the takeover (compulsory acquisition) of a number of areas to be used for production facilities, as well as the take-over of wind turbines in accordance with earlier agreements. In addition, the commencement of the Construction Act meant that the company incurred a number of costs for undertaking activities that had awaited the passing of the Act. In particular, preparation of land on Lolland, archaeological surveys and the removal of identified polluted soil. These activities were designed to ensure that Femern A/S can make land available to contractors on time in the ramp and portal area, the
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