Roadside Real Estate Share Discussion Threads

[grupo guitarlumber] 19/3/2004 08:20

LONDON (AFX) - Alfred McAlpine PLC and AMEC PLC have won a 330 mln stg from
the Highways Agency to upgrade a 39km stretch of the A1 in North Yorkshire.
The project consists of upgrading the existing dual two lane carriageway to
a dual three lane motorway and the provision of a single lane carriageway for
local traffic along most of the length of the motorway.
Phase 1 of the contract, which starts in March 2004 and ends in February
2007, includes the preliminary design process and promotion, while Phase 2 will
run from February 2007 to January 2016 and covers the construction and
completion period.
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jc

[grupo guitarlumber] 16/3/2004 14:48

HANOVER, Germany (AFX) - Toll Collect chairman Konrad Reiss, who is also CEO
of Deutsche Telekom AG IT unit T-Systems, said Siemens AG will not join the Toll
Collect consortium as a partner.
Siemens would not join Toll Collect "on a consortium level", Reiss said.
Siemens has previously said it was considering an offer to become involved
in the development of software for the Toll Collect truck toll system.
Media reports at the time said Siemens could simply do some work for Toll
Collect, or become a full member of the consortium.
The Toll Collect consortium is made up of Deutsche Telekom, DaimlerChrysler
AG and France's Cofiroute.
Deutsche Telekom took over leadership of Toll Collect after the consortium
reached a compromise with the government two weeks ago to continue the contract
for the long-delayed toll system.
mb/ra

[grupo guitarlumber] 01/3/2004 18:40

FRANKFURT (AFX) - The failed start of the truck toll in Germany will cost
Deutsche Telekom AG some 440 mln eur in its balance sheet for 2003, reported
Handelsblatt, citing company sources.
In an article to be published tomorrow, the papersaid some 210 mln eur in
costs is due to losses and payments of fines for the delay by the Toll Collect
consortium, in which Telekom has a 45 pct stake.
The Toll Collect consortium, which has a won a second chance to develop, set
up and operatethe system, is also made up of DaimlerChrysler AG and France's
Cofiroute.
Some 232 mln eur are provisions for future losses, including the refitting
of the on-board console in trucks, the paper said.
Telekom will unveil its full-year results on March 10.
das/lam

[grupo guitarlumber] 29/2/2004 16:18

FRANKFURT (AFX) - Chancellor Gerhard Schroeder is expected to announce later
today a revised agreement with the Toll Collect consortium of DaimlerChrysler AG
and Deutsche Telekom regarding a truck toll, Welt am Sonntag said, citing
governmentsources.
The report said Schroeder is expected to announce that Toll Collect will
raise to 1 bln eur a year the amount of liabilities it will pay if the truck
toll system breaks down.
Toll Collect has also agreed to pay unspecified higher penalties for not
being able to set up a functioning toll system on time, it said.
Toll Collect failed to start Germany's first truck toll system at the end of
August and after it did not meet a second deadline two months later, the
Transport Ministry demanded payment for lost revenues and liabilities for not
meeting obligations stipulated in the contract.
When Toll Collect refused to yield to these demands, the Ministry announced
on Feb 17 its intention to cancel the 7 bln eur contractwith Toll Collect.
Under the deal to be announced by Schroeder, Toll Collect will set up the
system in two stages form 2005, the report said.
mog/jsa

[waldron] 24/2/2004 07:38

Please Sir,More Roads?

[maywillow] 19/2/2004 08:36

FRANKFURT (AFX) - Siemens AG said it is considering an offer to become
involved in the development of software for the Toll Collect truck toll system.
"We have been asked to examine whether we could take part in the software
development,"Siemens spokesman Peter Gottal told the Berliner Zeitung.
The paper added that Siemens could simply do some work for Toll Collect, or
become a full member of the consortium.
The government said this week it plans to cancel its contract with the Toll
Collect consortium, comprising DaimlerChrysler AG, Deutsche Telekom AG and
France's Cofiroute, because it refused to assume contractual liabilities in case
the satellite toll system does not function.
Chancellor Gerhard Schroeder said the government will not hold further
negotiations with the consortium unless the latter agrees to "substantial
changes" in the 7 bln eur contract.
Meanwhile, Die Welt newspaper reported today that Toll Collect is now
prepared to make significant concessions to the government.
Citing company sources, the paper said Toll Collect is prepared to accept
liabilities of up to 1 bln eur and higher penalties for further delays. The
consortium will not, however, accept unlimited liability for thetoll system,
the paper said.
mb/cml

[grupo guitarlumber] 14/2/2004 08:05

Berlin to jump-start toll scheme

[ariane] 07/2/2004 04:54

Germany in truck-tolling talks with Autostrade

[maywillow] 05/2/2004 13:46

Now Homer, Follow the M25 and then turn right straight up the M1 and...

[maywillow] 28/1/2004 14:53

BERLIN (AFX) - The chairman of Deutsche Telekom AG unit T-Com, Josef
Brauner, said he can imagine Siemens AG joining the Toll Collect consortium,
which has the task of setting up the controversial toll system for trucks on
German motorways, although no talks have taken place.
"I could well imagine Siemens coming into the consortium," said Brauner, who
is responsible for Telekom's involvement with the long-delayed toll system.
However, speaking on the sidelines of a Telekom seminar in Berlin, Brauner
also told reporters that no talks have taken place with Siemens.
The government and the consortium, which consists of Deutsche Telekom AG,
DaimlerChrysler AG and Cofiroute, have been negotiating over a timetable for the
introduction of the toll system, as well as compensation for the loss of
revenues from the system not being up and running on time.
mb/cml

[maywillow] 02/1/2004 21:39

FERROVIAL in Canada

[waldron] 29/12/2003 08:38

BERLIN (AFX) - Transport Minister Manfred Stolpe has extended the deadline
by which the Toll Collect consortium, tasked with setting up a toll system for
trucks on German motorways, must deliver a timetable for the introduction of the
system.
A transport ministry spokesman said the deadline has been extended to the
end of January from the end of 2003 previously.
The government and the consortium, which consists of Deutsche Telekom AG,
DaimlerChrysler AG and Cofiroute, have been negotiating over a timetable for the
introduction of the toll system, as well as compensation for the loss of
revenues from the system not being up and running on time.
Stolpe had previously said that if the consortium did not deliver on both
fronts by the end of the year, then the contract would be annulled.
The ministry spokesman said the extension had been granted because
negotiations were looking more promising, although annulment remains an option.
Toll Collect managing director Hans-Burghardt Ziermann told Focus magazine
the consortium is "offering the third quarter of 2004 as a start date" for the
system.
DP/mb/cmr

[maywillow] 23/12/2003 12:50

NEW DELHI (AFX-ASIA) - India, Myanmar and Thailand will begin construction
next year of a 700 mln usd highway connecting the three countries, Indian
Foreign Minister Yashwant Sinha said today.
The 1,360-kilometer highway will stretch across Myanmar from the Indian
border post of Moreh to the Thai town of Mae Sot.
The first 252-mln-usd leg of the project will begin in early 2004, Sinha
said after talks in New Delhi with Myanmar's Foreign Minister Win Aung and Thai
Foreign Minister Surakiart Sathirathai.
India will provide 100 mln usd, Thailand 90 mln usd and Myanmar the
remaining 62 mln usd for the first phase, said Sinha, quoted by the Press Trust
of India news agency.
The first stage includes the construction of 78 kilometers of new highway
and the expansion of 400 kilometers of road into a double-lane motorway, Sinha
said.
The highway project, agreed to in principle in April 2002, comes as India
seeks closer ties with the economic giants of Southeast Asia.
India has worked to repair relations with Myanmar in recent years. Relations
had been strained after the military seized power in Yangon in 1988 and New
Delhi granted sanctuary to exiled groups.
sct/pmc/bro/swp

[ariane] 18/12/2003 18:59

PARIS (AFX) - The government surprised the market by ruling out a further
reduction of its majority stake in Autoroutes du Sud de la France (ASF), and
said it will use income from other state road assets to help fund a massive
expansion of the high-speed TGV rail network.
Under the slogan 'transport will fund transport', the government unveiled a
20 bln eur national infrastructure programme stretching to the year 2025, which
reverses the policy of divesting the lucrative state-owned motorway network,
although a partial sell-off of as yet untapped assets is still under
consideration.
Shares in Vinci plunged over 3 pct in a rising market after Prime Minister
Jean-Pierre Raffarin called a halt to the further privatisation of ASF, dashing
Vinci's long-cherished hopes of acquiring all or part of the government's
remaining 50.3 pct stake.
ASF shares were also punished by the risk of stock overhang conjured up by
the uncertain future of Vinci's existing 17 pct ASF stake.
Following a meeting of the CIADT cross-ministry infrastructure committee,
Raffarin gave sketchy details of a mixed solution for France's other state-owned
motorway networks.
The Sanef and SAPRR toll operators will remain under government control but
an as yet undefined "capital increase" will be used to cut debt at the two
companies.
This capital increase will aim at raising around 1 bln eur, according to one
of Raffarin's aides, cited by Agence France-Presse.
The aide said this could take the form of the sale of around 20 pct of each
company, but while he did not specify whether this would involve the open
market, he said the government would prefer a single equity partner.
Asked if such an operation could take place in 2004, the aide said "it is a
possibility, these operations are easy to set up... We have to see how the
market takes to it."
Transport minister Gilles de Robien said however: "This is not the moment to
respond" to questions regarding a sales of stakes in Sanef and SAPRR; "We still
need to work on the issue."
"It is true there will be a capital hike, because we are aiming to optimise
returns."
He said the resulting proceeds, which he expects to total 3.5 bln eur by
2012, will be put at the disposal of the state infrastructure agency to help
finance the programme revealed today.
"Transport funds transport," de Robien remarked.
The programme gives the go-ahead for a total of 20 bln eur in spending on
new transport infrastructure by 2012, notably three new major high-speed TGV
rail lines.
The line heading from Paris towards south-western France will be extended
from Tours in the Loire valley as far as Bordeaux near the south-west coast,
with construction beginning 2008.
In Eastern France, the existing TGV line from Paris will be extended to
Strasbourg on the German border with work commencing in 2006 and a new line, the
'Rhone-Rhine', will be built between Lyon in south central France and Strasbourg
from 2006.
All TGV trains to date have been built by the troubled Alstom group.
The wider plan encompasses 50 projects, of which 35 relate specifically to
transport.
In addition to three major stretches of TGV line the government announced
the go-ahead for the project of a major international canal northwards from the
river Seine in central France, a partial upgrade to the TGV rail link between
Lyon and Turin, the extension of the Southern section of the TGV network west
along the Mediterranean coast to Montpellier from Nimes and a TGV extension into
Brittany in the northwest.
Several sections of toll motorway will also be built.
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mrg/js/rf

[mike24] 28/11/2003 11:17

register
no doubt about it this is going to be a success,



34000 a day first wk, yearly estimates £25mln revenues
next target road out of dover