Cintra

  1. Ferrovial
  2. Cintra

The contribution of our highways/toll roads to socioeconomic development

Cintra’s Report analyzes the impact of our highways in the US and Canada

The international consulting firm Steer looks at 21 highways managed by Cintra, a subsidiary of Ferrovial. These highways are located across the United States, Canada, Spain, Portugal, Ireland, the United Kingdom, Australia, Slovakia, and Colombia.

A Growth Engine for North America

Cintra’s highways have generated a total impact of $37.9 billion dollars on the GDP of the United States and Canada up to December 2021. The Economic and Social Impact Report reveals that their construction, maintenance and management have created 202,000 jobs.

These highways have contributed to significant reductions in travel times for their users. By 2021, users of Cintra’s highways in North America have saved 830 million hours of travel time. In 2021 alone, it accumulates savings of 58 million hours.

In terms of socioeconomic impact, the highways improve mobility, reduce congestion and contribute to the sustainable development of the areas where they are located.

In total, in the United States and Canada, Cintra’s highways have generated socioeconomic savings of $22.5 billion dollars, of which $18.2 billion dollars in travel time reduction, $1.2 billion dollars in increased safety and reduced emissions, and 3.1 billion dollars in increased productivity.

In North America, Cintra’s assets are estimated to have prevented more than 21,650 accidents that would have occurred without them by 2021.

DOWNLOAD THE QUADRIGA REPORT HERE download link
Highlighted data

Generation of $60.8 billion in our assets’ countries

$29.1B
Socioeconomic savings
334000
Jobs created
Reduction of
11.7M
travel hours until 2021
Reduction of
21650
road accidents (US/CA)

Preparation of the Report

The methodology used in the Economic and Social Impact Report provides a global, consistent, standardized assessment framework for all Cintra highways. The consulting firm Steer also highlights the role of these highways’ proper functioning in terms of safety.

In the U.S., Managed Lanes Drive the Economic Growth of the Communities in Which They Are Located

Ferrovial’s Managed Lanes located in Texas (NTE, NTE35W and LBJ), North Carolina (I-77) and Virginia (I-66) are the solution to the growing demand for mobility in cities. They offer reliable travel times in optimal driving conditions that help reduce emissions.

The report shows that the Managed Lanes have generated a total of 119,000 jobs, an economic impact of $22.6 billion and $6.4 billion in salary earnings. Their socioeconomic impact amounted to $5.6 billion.

Our highways contribute to the social and economic development of society

The report concluded that our highways generate a significant socioeconomic impact for the regions where they operate. They are an engine of growth and critical for the proper functioning of society as they reduce travel time for citizens, are safe and sustainable and strengthen productivity.

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