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Ferrovial - Integrated annual report 2013 / United Kingdom

M8 M73 M74 Highway

  • Public-private partnership aimed at completing the highway network in Central Scotland between the two main cities, Glasgow and Edinburgh.
  • It will convert a section of the A8 road between Baillieston and Newhouse into a highway, improve the Raith Interchange and extend several sections of the M8, M73 and M74. 28.6 kilometers of highway will be built: 12.4 kilometers will be newly built and 16.2 will be made by improving the existing road.
  • The concession will last for 33 years.
  • The company will be paid based on availability, linking the concessionaire’s revenue to service levels and infrastructure availability.
  • 28.6 kilometers
  • €482.8million investment managed
  • 40%stake
  • 2047end of concession period