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INTERNATIONAL TRANSPORT FORUM Transport Russia. Moscow , 18th to 20th of Novembre. Vincent PIRON VINCI Concessions. VINCI : France’s largest toll roads concessionaire. The network (4,800 km) accounts for 60% of the network under concession. Cofiroute : West of France
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INTERNATIONAL TRANSPORT FORUMTransport Russia Moscow , 18th to 20th of Novembre Vincent PIRON VINCI Concessions
VINCI : France’s largest toll roads concessionaire The network (4,800 km) accounts for 60% of the network under concession • Cofiroute : West of France • ASF : South West • Escota : South East • Urban scheme A 86 West of Paris • Urban schemes in Lisbon, Marseilles, Lyon, Los Angeles • Turn over of VINCI : 33 billions € • Turn over of VINCI Concessions : 5 billions € of toll collection • 3 millions transactions per day
Classification of PPP’s (long term contracts) WHSD M ST Pet Large investment New scheme Road improvement through truck toll collection Small Investment No investment Road operation and maintenance Road operation and maintenance
Adjusting investment to traffic 3 Overspending 2 1
A toll is not a tax : toll pays for a service • 1- Time Saving • 2- Guarantee of reaching the goal at the right time, what ever the weather could be without fearing any incident on the road • 3- Fuel saving • 4- Operation and maintenance saving • 5- Follow up of goods trips and information to clients • Thus the same truck/driver can drive for more km/year and there is a huge cost saving for transport companies • Then it is possible to capture a part (between 30% to 40%) of this cost saving for the toll • This is a win/win game if the toll is set at the right level
Conclusion • Requesting the users to pay is fully justified • There is a net gain because there is no opportunity costs of public funds on the collected toll used for direct investment • It minimize the number of trips (optimization of trips) • Then choosing the right type of PPP contract is crucial • And choosing carefully the toll policy for having the best split of the socio ecenomic benefit between the Users and the Grantor is a condition to make a successful scheme • For low traffic (<14 000 v/day) tolling for better service does not imply toll free parallele road (see Chili, Norway, Canada,..) • And then develop progressively the global road network