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TOLLS * Spain - Cintra profits even as toll traffic declines
Madrid,Spain -Land Line Magazine (USA) -January 15, 2009: -- Even with fewer vehicles using toll roads in a struggling North American economy, Spanish road operator Cintra still managed to make a profit in December 2008 thanks to toll increases, company officials stated in a recent report... Cintra Concesiones de Infraestructuras de Transporte, S.A., based in Madrid, co-operates the Chicago Skyway in Illinois, the Indiana Toll Road in Indiana and the 407 Express Toll Route in Toronto, Canada, with subsidiaries of Macquarie Bank based in Sydney, Australia... The Owner-Operator Independent Drivers Association continues to oppose the long-term leasing of existing roadways to the private sector – particularly to foreign-based companies and banks...
Labels: tolls
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