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Concession details
Location: |
Spain |
Concessionaire Company: |
Concesiones de Madrid |
Original stake: |
25% Stake sold in 2002 |
Size of investment: |
€169 million |
Contract term: |
2002 - 2032 |
Toll system: |
Shadow Toll Motorway |
Project description: Design, construction, financing, maintenance and operation of section I of the M-45 road between the N-II and the O'Donnell artery, with a length of 14.1km. The contract is for a period of 30 years. The motorway opened to traffic in March 2002. |
Interesting facts: The M-45 was considered the best road in Madrid in terms of safety and flow in a survey carried out in 2003 by the Public Works, Town Planning and Transport Department of Madrid's regional government. It was also one of the first roads to use the "shadow toll" financing system, giving rise to legal studies on this system. |
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