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| Acciona to build expressway in Canada ![]() The current net value of the total public investment comes to CAD764 million (around €575m) and the total length of the concession comes to 33.5 years -three-and-a-half years for design and construction and thirty years for operation, maintenance and refurbishment. The Trail is the fourth P3 (Public-Private financing) highway contract awarded in Alberta Province. This stretch of highway is part of the Calgary Ring Road project, which is set to become the Province's biggest-ever road infrastructure investment. The project comprises 25km of toll-free highway, with three lanes in each direction. Construction includes nine junctions, one road- and two rail overpasses and a total 27 structures. Construction will be carried out by Acciona Infrastructures Canada (50%) and SNC Lavalin Constructors (Pacific) Inc. (50%). Operation, maintenance and refurbishment activities will run for 30 years after the highway comes into service and will be carried out by the Canadian subsidiaries of both groups: Acciona and SNC-Lavalin Inc. The contract includes O&M, from the start of the contract, of an existing 12km stretch of highway known as the Deerfoot Trail, and which will run alongside the new project. write your comments about the article :: © 2010 Construction News :: home page |