Overview
With a symbolic handover of the door key, HOCHTIEF PPP Solutions GmbH celebrated
completion of the construction works on its "Schools in Cologne" public-private
partnership (PPP) project in March 2007. At the beginning of 2005, the City of
Cologne had commissioned the company to plan, finance and refurbish seven schools
at five locations and to subsequently operate them for a period of almost 25 years.
To this end, the project company HOCHTIEF PPP Schulpartner Kšln P1 GmbH & Co. KG was established.
The assignment comprises a total of 13 buildings with some 45,000 square meters of
space as well as about 72,000 square meters of outdoor premises. The project represents
a contract volume of EUR 125 million.