Roadside Real Estate Share Discussion Threads

[waldron] 06/5/2003 15:31

LONDON (AFX) - Lorry drivers will be charged 11 stg a day to use the UK's
first private motorway, the M6 Toll road, a figure that is double what the
industry expected.
The Freight Transport Association (FTA) said, set at this level, choosing to
use the Midland Expressway operated road is effectively "a distress purchase"
for lorry operators.
The association, which represents 11,000 companies, had hoped for a lower
rate which would have made the 27-mile road, which allows drivers to avoid the
heavily congested M6 in the Birmingham area, a route of automatic choice.
"With HGV operating costs at 30-35 stg per hour, lorry fleet managers will
be making judgements on competitive vehicle flows on the 'free' road and on the
11 stg toll road."
The FTA also noted that at a cost of 32 pence per mile the M6 Toll compares
very unfavourably with rates of 16 pence per mile in Spain and 18 pence per mile
in France.
The M6 Toll is expected to open at the end of the year.
The 11 stg charge for lorries and 3 stg for cars will be discounted by 1 stg
until the road carries 10 mln vehicles.
Midland Expressway is 75 pct owned by Macquarie Infrastructure Group of
Australia.
jdd/kl

[ariane] 24/4/2003 00:44

BRUSSELS (AFX) - The European Commission has proposed new management and
finance systems aimed at improving the efficiency of trans-European transport
networks.
The commission said its proposals seek to overcome the present limitations
on public financing and to promote the greater involvement of public private
partnerships.
In a related move, the commission also proposed the creation of a single
European electronic road toll.
[e-mail]
vm/pb

[waldron] 22/4/2003 07:40

A possible toll on profits

[waldron] 20/4/2003 08:55

Congestion

[waldron] 17/4/2003 11:26

Colours of Vinci

[ariane] 16/4/2003 07:22

despite congestion charge success,not all cities want to apply it.

[ariane] 09/4/2003 10:02

Bouygues Raised to `Outperform'

[waldron] 07/4/2003 14:42

(Updating with details of Skanska's share of order)
LONDON (AFX) - John Laing PLC said its Orkdalsvegen consortium formed with
Skanska BOT has reached financial close on Norway's first public private
partnership road project, after being named preferred bidders in January.
The 140 mln stg project is for the E39 between Klett and Bardshaug, near
Trondheim, which is the main arterial road for the western part of Norway. The
scheme involves a new grade separated route of over 27 kilometers, including 10
km of tunnels together with the operation of the road for a period of 25 years.
Laing's Laing Roads division and Skanska have also pre-qualified to bid for
the second Norwegian PPP road project.
Skanska said its share of the the construction contract is worth more than
1.6 bln skr, and is included in the order bookings for the first quarter of 2003
[e-mail]

[maywillow] 07/4/2003 09:35

Bouygues:Tolls Mexico

[ariane] 06/4/2003 20:58

Watch out for Toll Report

[waldron] 02/4/2003 19:03

Watford Gap

[waldron] 31/3/2003 08:26

Sanef might be sold off

[waldron] 29/3/2003 16:14

Thanks Maywillow for the posts.

See that Bennettone has a new line.

[maywillow] 05/3/2003 13:04

Balfour Beatty

[maywillow] 25/2/2003 21:26

NO C-ongestion C-harge InC-rease.

[waldron] 25/2/2003 08:11

Colas to buy Toll Road Company

[maywillow] 23/2/2003 20:56

SC-hools are back

[maywillow] 21/2/2003 08:45

Vinci will get dividends from Bridges