Michael West

"COST of M6 motorway toll soars by 50 per cent", blared the headline in yesterday's edition of The Telegraph in Britain.

Shares in Macquarie Infrastructure Group (MIG), which owns the road, went up despite the down day. Higher tolls equals good news

"MPs are considering an investigation into Britain's only privately owned motorway after the cost of driving rocketed ..." -- as MPs do, according to press reports, every time there's a toll hike.

Too bad. The contracts are tight as a drum. The M6, the Toronto 407 and the San Diego 125, all controlled by Macquarie, are the best toll road assets in the world. And, not coincidentally, the only unregulated ones.

Full Story...

Posted by dcjaya at January 10, 2008 8:18 PM