- Ferrovial Report Analyzes Economic Impacts Of 21 Cintra Toll Facilities
- US Should Look To Other Nations For Solutions To The Traffic Safety Crisis
- These are just some of the toll industry developments TRN is following.
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Ferrovial Report Analyzes Economic Impacts Of 21 Cintra Toll Facilities
Ferrovial released the report of an economic analysis of 21 highway and managed lanes assets in the portfolio of the company’s Cintra subsidiary. The assessment, commissioned by Ferrovial from the Steer Davies & Gleave consulting firm, focuses on “understanding how each project generates socio-economic value to travelers, regions, and economies,” and “understanding how expenditure on these assets generates impacts to employment and gross domestic product.” According to Ferrovial’s news release, the report concludes that the 21 facilities “generated a total GDP impact of $60.8 billion in [nine nations] up to the survey cut-off date, December 31, 2021. The Quadriga Report also reveals that construction, maintenance and management of the roads created 334,000 jobs.” Ferrovial highlights other findings: that travelers saved time and had a lower risk of involvement in crashes when they used the Cintra toll facilities, and that Cintra’s economic impact is particularly strong in North American markets. (Eight of the 21 facilities studied are located in the US and Canada).
Ferrovial has created a web page spotlighting the results of the Steer analysis.
407 ETR Concession 66 Express Lanes (Outside DC Beltway) Australia Canada Cintra Colombia Express Lanes Ferrovial I-77 Express Lanes (NC) Ireland LBJ Express (I-635/I-35E) North Carolina NTE Mobility Partners Portugal Slovakia Texas United KingdomUS Should Look To Other Nations For Solutions To The Traffic Safety Crisis
Bloomberg CityLab contributor David Zipper has been exploring the reasons why the US traffic fatality rate is so much higher than in other developed nations. In his latest detailed analysis of the problem, he concludes, “The closer you look, the clearer it becomes that the US traffic safety crisis is not a reflection of geography or culture. It is the result of policy decisions that elevated fast car travel and automaker profits over roadway safety. Other countries made different choices, and they’ve saved lives as a result.” He suggests that America study other nations’ successful tactics for improving highway safety and concentrate on how to apply the lessons here.
Highway-Tunnel-Bridge Safety (Includes COVID-19 Impacts) Transportation and Infrastructure Research & DevelopmentThese are just some of the toll industry developments TRN is following.
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