A/S Femern Landanlæg Annual report 3 Company objective A/S Femern Landanlæg’s main objective is to organise and undertake the preparations, investigations, planning and other necessary actions relating to the expansion and upgrading of the associated landworks for the fixed link across the Fehmarnbelt. In addition, the company’s objective is to hold all shares in Femern A/S. Highlights of the year A/S Femern Landanlæg is a 100 per cent owned subsidiary of Sund & Bælt Holding A/S and is the parent company of Femern A/S. A/S Femern Landanlæg was established in order to administer the ownership and financing of the Danish landworks in connection with the fixed link across the Fehmarnbelt. The planning work for the railway installations is undertaken by Banedanmark while planning work for the road facilities is undertaken by the Danish Road Directorate. Sund & Bælt is responsible for coordinating the planning and construction activities in the various sub-projects that make up the overall Fehmarnbelt project. The co-ordination between the coastto-coast link, the Danish landworks for the railway and road covers, among other things, the interfaces regarding the road and railway engineering solutions, progress in project planning and resource consumption. Furthermore, the company also deals with budget control and quarterly reporting to the Ministry of Transport, Building and Housing. With the adoption of the Act on the construction and operation of a fixed link across the Fehmarnbelt with associated landworks in Denmark in April 2015, A/S Femern Landanlæg was authorised to build and operate the Danish landworks associated with a fixed link across the Fehmarnbelt. In issuing the executive order on the delegation of certain tasks and powers for the construction and operation of a fixed link across the Fehmarnbelt with associated landworks in Denmark, the role of client was assigned to Banedanmark on 17 September 2015, while A/S Femern Landanlæg remained responsible for the ownership and financing of the landworks. The parties behind the Fehmarnbelt link reached a political agreement on 4 March 2016 on the way forward for the project. On the basis of an updated financial analysis, it has been shown that the overall costs for upgrading the Danish landworks total DKK 9.5 billion (2015 prices). The overall timetable for the Danish landworks gave the green light for full expansion and upgrading of rail facilities down to Nykøbing Falster. Completion is due in 2021, apart from electrification, which is to be finished in 2024. In addition, the life of the section from Nykøbing Falster to Holeby on Lolland is to be extended until it needs to be developed and adapted for the opening of the coastto-coast link. Based on the decision, Banedanmark signed a number of contracts in 2016, 2017 and 2018. In August 2018, the Austrian engineering contractor, Swietelsky, was awarded the contract comprising track work on Zealand and Falster for DKK 516 million. The contract includes approx. 60 km new track, the establishment or replacement of 52 sets of points as well as the renewal of large parts of the existing track. Thus, all major contracts for completing the work between Ringsted and Nykøbing Falster have been agreed or, in the case of the signalling programme, an option was agreed with Alstom in July 2018 for DKK 104 million.
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