Ferrovial’s highways drive $26 billion in economic value in the US, more than $64 billion globally

Ferrovial, a global infrastructure operator, through its highways business Cintra, has contributed $64.3 billion in the areas in which it operates through 2022, according to ‘Economic and Community Impact of Ferrovial Toll Roads’, an economic impact report released today by a global consulting firm. In the U.S., the company’s toll roads division contributed $26 billion, supported 136,900 Full Time Equivalent (FTE) job-years and generated $11 billion in value to travelers and communities, which analyzes travel time, reliability, safety, emissions and more.

“We are committed to investing in our highway infrastructure, which serves as an economic engine for growth. Our projects have brought relief to some of the nation’s most congested corridors, enabling businesses and communities to thrive,” said Andres Sacristan, Cintra CEO. “We understand that our work has a significant impact on the communities where we operate, and we are committed to supporting these areas through philanthropic efforts and strong partnerships to create lasting value. We believe that by working together, we can create a brighter future for everyone.”

The study, commissioned by Cintra, was conducted by Steer, a consulting firm that specializes in economic impact analysis in infrastructure and transportation.

“It’s always been important for us to measure the economic and community value that our projects generate,” said Brooke Akins, Global ESG Director, Cintra. “With Steer’s help, we have developed a reliable and robust way to continue monitoring our projects over time, helping us grow and protect the value generated moving forward.”

In the analysis, 34 assets were examined in the United States, Canada, Spain, Portugal, Ireland, the United Kingdom, Australia, Slovakia, Colombia and India. The report reveals the impact of these toll roads to regional economies — the benefits they generate for society — from the start of each concession until December 31, 2022.

Commitment to connecting communities

The report concluded the toll roads improve mobility, reduce traffic, and contribute to the sustainable development of the regions where they are located.

The North American portfolio includes three assets in Ontario (407ETR and two extensions), three assets in Texas (North Tarrant Express (NTE), NTE 35W and LBJ), which are all located in the Dallas-Fort Worth area, a single asset in North Carolina (I-77) and a single asset in Virginia (I-66).

Among the highlights in the report:

• The economic impact of Ferrovial’s toll roads in North America totaled $42.7 billion
• Ferrovial’s toll roads in North America have generated $28.7 billion in value to travelers and communities, which analyzes travel time, reliability, safety, emissions and more
• The construction, maintenance, and management of Ferrovial’s toll roads in North America have supported an estimated 228,100 FTE job-years

The company’s European portfolio includes two assets in Spain (Autema and A66), one asset in Portugal (Azores), two assets in Ireland (M4-M6 and M3), two assets in the UK (M8 and Silvertown) and a single asset in Slovakia (D4-R7). These assets contributed $13.6 billion in economic value and supported 77,600 FTE job-years. The impacts to travelers and communities amounted to $6.2 billion.

About Ferrovial

Ferrovial is a global infrastructure operator committed to developing innovative solutions for a world on the move. With more than 70 years of experience, its family of companies holds leadership positions in transportation infrastructure, construction, waterworks, and energy. The company operates in 15 countries, with U.S. headquarters in Austin, Texas. Ferrovial employs more than 4,000 people across the U.S. and over 20,000 around the world. Ferrovial is dually listed on the Dutch and Spanish stock exchanges. For more information, visit ferrovial.us