Connector Motorways
Australian toll road operator
From Wikipedia, the free encyclopedia
Connector Motorways was an Australian toll road operator which operated the Lane Cove Tunnel and the Falcon Street Gateway (now Military Road E-ramp) in northern Sydney.[1] Both projects opened to the public in March 2007. Connector was owned by CK Infrastructure Holdings (19.6%), AMP (15%) and Leighton (11%)[2]
| |
| Company type | Transport |
|---|---|
| Founded | 2007 |
| Defunct | January 2010 |
| Headquarters | Sydney, Australia |
| Owner | CK Infrastructure Holdings (19.6%) AMP (15%) Leighton (11%) |
| Divisions | Lane Cove Tunnel Military Road E-ramp |
| Website | connectormotorways.com.au |
Background
Connector Motorways started off as the Lane Cove Tunnel Company and was engaged by Roads & Traffic Authority to design, construct, maintain and operate the tunnel for 33 years on 1 October 2003.[3] Connector Motorways was supposed to operate the tunnel concession until 2037.[4]
Receivership
On 19 January 2010, Connector Motorways went into receivership[5] when traffic through the tunnel failed to reach the projected volumes. Toll road operator Transurban bought the tunnel in May 2010 for $630 million and became the new operator.[6]
