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
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
Vincent Piron VINCI Concessions
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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
Vincent Piron VINCI Concessions
Road operation
and maintenance
3
Adjusting investment to traffic
Corridor Capacity and Trafic Demand
4 000
Investment Cost (hourly capacity)
3 500
3 000
3
2 500
2 000
1
1 500
Trafic Demand
Road
Motorway
Capacity Investment
Overspending
2
1 000
500
0
10000
20000
30000
40000
Average Annual Daily Trafic
Vincent Piron VINCI Concessions
50000
60000
70000
4
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
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5
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
Vincent Piron VINCI Concessions
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