Cintra to manage new T-4 car park at Madrid Barajas airport, with over 14,000 parking spaces

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The leading airport car park manager in Spain

Spain’s number-one car park operator, managing over 238,000 parking spaces

Cintra, the toll road and car park operator, will lead the consortium managing the new Terminal 4 (T-4) car park at Madrid Barajas airport under a one-year contract (with two possible one-year extensions) worth 3.2 million euro per year.

The tender to manage the car park, one of the largest tenders ever held by national airports authority AENA, involves operation and management, starting in January 2006, of 14,046 parking spaces in the new terminal area, of which 8,577 will be for the public, 2,786 for crew members and 2,683 for other employees. Cintra Aparcamientos will manage the contract in a joint venture with Securitas -car park security manager- and SICE.

Over 23,000 airport parking spaces in Spain

This new contract puts Cintra in number-one position in the field of airport car parks in Spain, a segment in which it will shortly manage over 23,000 spaces.

Cintra also operates the Express Parking, Long Stay and P-5 car parks at Madrid-Barajas airport, the Long Stay car park in Palma de Mallorca airport, and the Express Parking, Cargo Terminal and AENA car parks in Vigo airport, and it will shortly take charge of the car parks at Almería and Granada airports.

Development and management of car parks other than for municipal governments is one of the strategic lines in which the company plans to grow. In addition to numerous municipal parking concessions, Cintra also manages many car parks at hospitals, shopping malls, trade fairs, and nature parks, among others.

Leader in the Spanish market

With a presence in over 130 cities, Cintra is Spain’s leading private-sector car park developer; with the T-4 contract, it will have over 238,000 spaces under management.

The company engages in construction and operation of off-street car parks, control and management of on-street parking, construction and sale of resident car parks, as well as other additional services, such as supply and maintenance of control equipment.

Cintra is one of the world’s largest transport infrastructure developers, with committed investment of over 2 billion euro. Cintra also manages 18 toll roads, in Spain, Portugal, Ireland, Chile, Canada and the United States.

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