Industry Analysis & Industry Trends
The Toll Road Operators industry has grown steadily over the past decade as governments have sought to lower the cost of transport infrastructure through public-private partnerships (PPPs). As a result, industry revenue is projected to grow at a compound annual rate of 3.5% over the five years through 2012-13 to $2.0 billion. The completion of new toll roads and increased traffic on existing ones has supported this growth. Over 2012-13, industry revenue is expected to increase by 4.2%.
The industry's revenue streams are in theory relatively stable. Industry revenue is highly correlated with population growth. More people mean more cars, even though growth in car ownership per capita has stabilised in the past 10 years... purchase to read more
Industry Report - Industry Products Chapter
The industry's primary activity is the operation of toll road concessions involving motorways, bridges and tunnels. Many industry assets were built according to a build, own, operate and transfer model. This kind of private-public partnership (PPP) is structured so that the private sector funds construction and is granted the rights to charge a toll for asset use for a set period, normally in excess of 15 years. The toll is designed to provide a return on the asset for investors and to cover ongoing operating costs. At the end of the operating concession asset ownership reverts to the public, as the M4 in Sydney reverted to the NSW government... purchase to read more