Project developer Chipshol, which is embroiled in a long-running dispute over land around Amsterdam’s Schiphol airport, is to give up and sell the land.

Jan Poot, owner of Chipshol, told the Financieele Dagblad on Friday that his health does not allow him to carry on. Poot is 89-years-old. He also said his son does not want to take over the company.

The Chipshol case began in 2005 when the project developer went to court accusing local authorities, national government, air traffic control body LVNL and Schiphol airport of working together to prevent it developing a business park close to the airport.

Damages

Since then, Chipshol has won damages from various parties but it still wants to know why the Dutch competition authority NMa has not investigated Schiphol’s role in the affair. NMa chairman Pieter Kalbfleisch resigned over the case in 2011.

‘It is enough,’ Poot told the FD. ‘We have done our best for 20 years, but we have not been able to create an international centre with allure.’

Poot is hoping to sell the 150 hectares of land to Schiphol airport. The value of the land is between €1.5bn and €3bn, according to the FD.