Skip to main content

Cintra, Plenary team up to compete for Australian toll road projects

Cintra and Plenary, which have a long history of partnering on infrastructure projects, have combined to create a joint venture business to compete in the Australia and New Zealand road infrastructure market, with a focus on toll road and concession projects. Netflow brings construction capability through Cintra’s sister business Ferrovial Agroman. Cintra CEO Enrique Diaz-Rato said Netflow will play an important role in creating competition in the sector by looking to develop roads with a sharp focus on
February 15, 2017 Read time: 2 mins
5428 Cintra and Plenary, which have a long history of partnering on infrastructure projects, have combined to create a joint venture business to compete in the Australia and New Zealand road infrastructure market, with a focus on toll road and concession projects. Netflow brings construction capability through Cintra’s sister business Ferrovial Agroman.

Cintra CEO Enrique Diaz-Rato said Netflow will play an important role in creating competition in the sector by looking to develop roads with a sharp focus on customer outcomes.

Plenary CEO Paul Oppenheim said teaming with Cintra signalled Plenary’s intent to build on its Australian portfolio and follows successful road infrastructure projects in Australia and North America.

Phil Dreaver, a founding director of Plenary’s North American business, has been appointed managing director of Netflow. He confirmed that Sydney’s WestConnex was a significant opportunity for the new business and would attract Netflow’s initial focus.

For more information on companies in this article

Related Content

  • Investors say politics is hurting Chile infrastructure spending
    October 22, 2013
    While the financial community praises Chile as a safe haven and pioneer in Latin American infrastructure, investors say that political leaders lack commitment to push for projects, and they have called for the creation of an independent authority to plan public works and coordinate projects. Chile's construction chamber has proposed the installation of an agency, such as those that exist in Canada and New Zealand, which would be independent from the national government and would plan long-term infrastruc
  • HMI Technologies partners with New South Wales for self-driving vehicle trial
    August 2, 2017
    New South Wales government in Australia has announced the state's first automated vehicle trial, with New Zealand’s HMI Technologies as the project's lead partner. Taking place at Sydney's Olympic Park the public will get to experience short journeys aboard the automated smart shuttle after preliminary safety tests are complete. The self-driving, fully electric vehicle carries up to 15 people and is programmed to navigate around the scenic grounds, venues and businesses at Sydney’s Olympic Park. The trial i
  • New faces help Australia prepare for 2016
    March 19, 2014
    With momentum building towards 2016 and hosting the ITS World Congress in Melbourne, ITS Australia has appointed a new board of directors with John Hawkins, Manu Hingorani and Michael Watts elected for two-year terms. ITS Australia’s president Brian Negus said efficient and environmentally sustainable transport is a goal for all communities and having been voted the World’s Most Liveable City, it is appropriate that Melbourne will host the 2016 World Congress. He said the World Congress Organising Co
  • Hitachi Rail Europe wins UK first traffic management contract
    July 28, 2015
    Passengers on some of the busiest commuter lines in the UK can look forward to more frequent and more reliable trains following a deal to provide new traffic management technology on the Thameslink route through central London. Network Rail and the Thameslink Programme have signed a contract with Hitachi Rail Europe (HRE) to deliver a step-change in technology through state-of-the-art traffic management technology.