Wednesday, April 25, 2007

Cintra plans two major U.S toll road bids in 2007

Cintra aims to bid for at least 9-10 motorway projects in 2007


AFX News Limited
Copyright 2007

MADRID (Thomson Financial) - Cintra Concesiones e Infraestructuras SA said it is aiming to bid for at least nine or 10 motorway projects in 2007, slightly less than the 11 projects in 2006.

Speaking to analysts during a conference call on the company's first quarter earnings, CEO Enrique Diaz Rato said: 'We would like to bid for the same number of projects as last year, but it could be slightly less at nine or 10.'

Cintra said it is currently looking at projects worth over 6.0 bln eur, including Mantova-Cremona and Cispadana, both in Italy, central Greece and two in the US.


© 2007 AFX News Limited:

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