407 International, Inc. operates and
maintains 407 ETR a 67 mile (108
km) toll road in Ontario Providence of Canada near Toronto.
In 1999 a consortium made
up of Grupo Ferrovial/Cintra (61.29%),
Lavalin (22.6%) and
CDP Capital (16.1%) was awarded a 99-year operating concession
for 407 ETR. It was the first
privatization of an existing toll road in Canada.
International, Inc. is a partnership between
Cintra, S.A. of Madrid, Spain;
Lavalin; and, Macquarie Infrastructure
Group (MIG) who holds a 30%