Ferrovial - Annual Report 2008

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Toll roads and car parks

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Ireland

 

M3

  • The toll road runs 50 km between Clonee and North Kells, to the northeast of Dublin.
  • Toll rates are inflation indexed.
  • Revenue sharing with the Government if certain traffic thresholds are exceeded.
  • The concession agreement establishes guaranteed minimum traffic levels and the Irish government has to pay the Concession Company compensation if traffic falls below the established minimums.
  • SIAC holds a 5% interest in the concession and has the right to increase its stake to 25%.
  • At December 2008 construction was 75.02% completed.
  • Contractual commencement date: July 2010.
 

M3 Indicators

50
km
484.1
million euro investment
95.0%
stake
2007-2052
concession ends
 

Eurolink (M4-M6)

  • Located in a country with a fast-moving economy but with a highway network that has few toll roads.
  • It is the first section of toll road built in the East-West corridor (Dublin - Galway), one of the busiest roads in Ireland.
  • Toll rates are inflation indexed.
  • Revenue sharing with the Government if certain traffic thresholds are exceeded.
  • Electronic toll system that is interoperable with the rest of the toll roads in Ireland.
 

Eurolink (M4-M6) Indicators

36
km
336.6
million euro investment
66%
stake
2003-2033
concession ends
© Copyright 2009. Grupo Ferrovial In agreement with:

This is an electronic version of the 2008 Annual Report prepared by Grupo Ferrovial S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page