Calgary rounds up road plan

The Chinook Roads consortium has the design, build, finance, construct and operate contract for Calgary's new Southeast Stoney Trail project. This 258km link will form part of the fast-growing Canadian city's ring road and is being developed under a PPP model.
February 9, 2012 Read time: 1 min
RSSThe Chinook Roads consortium has the design, build, finance, construct and operate contract for Calgary's new Southeast Stoney Trail project. This 258km link will form part of the fast-growing Canadian city's ring road and is being developed under a PPP model. The consortium is an equal partnership between Canadian firm, 2482 SNC Lavalin, and Spanish firm, 976 Acciona. The deal is for a 30 year concession and 5811 Alberta Transportation will pay the consortium US$762.6 million during the operation and maintenance period which will commence three and a half years after design and construction is complete. The road will not be tolled and to finance the project, the construction firms are making a private bond placement.

For more information on companies in this article

Related Content

  • Highway traffic management and tunnel safety
    May 14, 2012
    Austria’s new A5 autobahn is now officially open to traffic and the highway is also the first in the country being built under the PPP model. The first 16km stretch of the highway was opened in November 2009 on schedule with the second 35km section now having been opened as well. The contract was carried out by concession company Bonaventura Strassenerhaltungs, a partnership headed by German company Hochtief and Austrian firm Alpine Bau each with 44.4% stakes while French firm Egis Preojects holds the remai
    Read More
  • New projects planned for Vietnam
    January 27, 2023
    New transport infrastructure projects are planned for Vietnam.
    Read More
  • A consortium has won the deal to build and operate Mexico’s 107km-long Tuxpan-Tampico highway
    October 2, 2014
    In Mexico a consortium headed by Moto-Engil has won the contract to build and operate the 107km-long Tuxpan-Tampico highway. According to Business News Americas, the winning bid that included a works cost of US$260 million, a subsidy of $95 million and venture capital of $73 million. Mota-Engil will now have construct the 107km of highway from Tuxpan to Ozuluama, and then maintain and operate it for the next 30 years. The Tuxpan-Tampico highway links two of Mexico's busiest Gulf coast ports and will be the
    Read More
  • Weigh-in-motion key to maximising road life
    February 24, 2012
    The market and technology for weigh-in-motion systems continues to evolve – Mike Woof writes. for both mature and developing highway infrastructure networks, traffic densities play an important role in determining road wear and life. Monitoring traffic volumes and individual vehicle weight is crucial for ensuring roads can cope in the long term and that maintenance can be planned, while the problem of overloading can be eliminated.
    Read More

Highlighted Content