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Concession details
Location: |
Canada |
Concessionaire Company: |
FTG Fraser Transportation Group |
Stake: |
12,5% |
Size of investment: |
CAD$ 765 million |
Contract term: |
2010 - 2033 |
Toll System: |
Availability Payment |
Project description: Concession contract for financing, construction, operation and maintenance of the South Fraser motorway in the Province of British Columbia in Canada. The project commences at the junction of Highway 17 and Deltaport Way in direction of the industrial zones of the city Delta, following the River Fraser and then bordering the residential areas of Surrey and ending at the junction with the new Golden Ears Bridge. This route connects Highways 17, 1, 91 and 99 and is the only east-west link communicating the port installations, the industrial areas and the suburban zones of south Vancouver, in addition to ensuring an efficient connection with regional and national networks. This is a new motorway, 40 kilometers long to the south of Vancouver. The road opened to traffic on 26 December 2013. |
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