Cintra

Cintra’s Economic Development and Social Impact Report

The report was carried out by the international consulting firm Steer, and it looks at 21 highways managed by Cintra, a subsidiary of the company. 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 $60.8 billion in the GDP of those nine countries as of December 2021. The report also shows that their construction, maintenance, and management have created 334,000 Full Time Equivilent (FTE) jobs.

These highways have contributed to the fact that travel times for their users are considerably lower. In 2021, Cintra motorway users saved 81 million hours of travel. North America has benefited the most in this regard, with a total of 58 million hours saved.

As for the socioeconomic impact, highways improve mobility, reduce traffic, and contribute to the sustainable development of the regions where they are located. In all, they have generated $29.1 billion of economic value: $23.2 billion of this was due to shorter, more reliable travel times, $1.9 billion to better safety and emissions reduction, and $4 billion to increased productivity.

In North America, it is estimated that Cintra’s assets have prevented more than 21,600 accidents that would have otherwise occurred through 2021, while 2,650 serious accidents were prevented in Europe.

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Generation of $60.8 billion in our assets’ countries

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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

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

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.

Contribution to socioeconomic development
The total economic impact associated with the investment and use of these 21 assets through 2021 is $60.8 billion; $14.8 billion of that total is linked to the direct wages earned by workers.
Improving mobility and contributing to sustainable development
With their comprehensive management model, the socioeconomic impact of Cintra’s highways has generated a total value of $29.1 billion through 2021.
Managed Lanes as an engine of economic growth
The NTE, LBJ, NTE35W, I-77 and I-66 have generated a total of 119,000 jobs and have had an economic impact of $22.6 billion through 2021.
Improving road safety and traffic flow
The traffic improvements created by Cintra’s highways have led to a reduction of more than 21,600 road accidents in North America through 2021.
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