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.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • ITS America Leadership circle meets at annual meeting
    April 22, 2013
    Sabrina Sussman, ITS America’s new VP for Membership and Development, has been hired to lead the strategic planning efforts and enactment of the ITS America Leadership Circle, as well as well as manage member recruitment, retention and services.
    Read More
  • Regional, national managed enforcement for developing nations
    February 3, 2012
    Robot is offering nationwide enforcement services to both developed and developing countries.
    Read More
  • Joined-up thinking for future ITS
    May 8, 2015
    David Crawford looks at a US model which, for modest federal funding, is producing substantive results. Outward and upward is the clear message emerging from the US$458,000, 2015 workplan of the US government’s ENTERPRISE (Evaluating New TEchnologies for Roads PRogram Initiatives in Safety and Efficiency) joint funding scheme for ITS research.
    Read More
  • Visteon terminates China deal but increases investment in Korea
    July 6, 2012
    Visteon Corporation and Huayu Automotive Systems Company have agreed to terminate the non-binding memorandum of understanding (MOU) with respect to a potential transaction that would have combined the majority of Visteon's global interiors business with Yanfeng Visteon Automotive Trim Systems. According to Don Stebbins, Visteon chairman, chief executive officer and president, “both parties worked hard to move the agreement forward, but there were a number of items that kept us from doing so.”
    Read More

Highlighted Content