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see pages 26–29.<br />
94 Annual Report 2009<br />
In the year under review, the airport remained commit-<br />
ted to sustainability and received recognition for these<br />
efforts. In July 2009, Hamburg Airport was awarded the<br />
industry environment prize conferred by the Schleswig-<br />
Holstein industry’s Studien- und Fördergesellschaft in<br />
recognition of its ongoing measures to abate noise and<br />
conserve resources.<br />
Sydney Airport<br />
HOCHTIEF AirPort stake: 5.61% / HOCHTIEF AirPort Capital stake: 6.50%<br />
Passenger traffic at Sydney Airport trended positive, par-<br />
ticularly at the end of the year under review. The num-<br />
ber of passengers rose by 0.4 percent to 33 million<br />
over the course of the year.<br />
HOCHTIEF AirPort did not participate in the second<br />
shareholders’ contribution at Sydney Airport in 2009,<br />
and its stake was therefore reduced from 6.77 to 5.61<br />
percent. However, this does not affect our involvement<br />
at the busiest airport in Australia. Our consulting contract<br />
was extended to 2011, and the master plan for the<br />
next 20 years was approved by the Australian government.<br />
HOCHTIEF AirPort supported the airport company<br />
in developing the new master plan, which stipulates<br />
that the airport be adapted gradually to accommodate<br />
the growing number of passengers. To this end, terminals,<br />
aprons as well as freight and other facilities will be<br />
expanded.<br />
Tirana International Airport<br />
HOCHTIEF AirPort stake: 47%<br />
In contrast to the general trend in the industry, Tirana<br />
Airport saw substantial growth in traffic in 2009. The<br />
airport in the Albanian capital served 1.4 million passengers,<br />
for year-on-year growth of 10.1 percent.<br />
At the same time, the airport increased its capacity to<br />
take up to 1.8 million passengers per year. In early September,<br />
the terminal expansion was put into operation.<br />
Covering around 4,000 square meters of additional<br />
space, the new terminal area includes additional checkin<br />
and airline counters, three new gates and attractive<br />
retail units. Baggage handling capacity was also doubled.<br />
HOCHTIEF PPP Solutions*<br />
At the end of fiscal 2009, HOCHTIEF PPP Solutions<br />
was involved in a total of 27 projects worldwide (roads,<br />
tunnels, public-sector facilities and geothermal power<br />
plants) with a total value of well over EUR 6 billion. In<br />
several projects, the company is working closely with<br />
its fellow Group companies HOCHTIEF Construction<br />
and HOCHTIEF Facility Management, thereby leveraging<br />
the advantages of the Group’s one-stop shopping<br />
for integrated services.<br />
At the beginning of fiscal 2009, HOCHTIEF PPP Solutions<br />
took a stake in the newly formed ÖPP Deutschland AG,<br />
an independent consulting firm for public-private partnerships<br />
in Germany. The German federal, state and<br />
municipal governments are the core public-sector owners<br />
of ÖPP Deutschland AG, holding a stake of just over<br />
60 percent. Private industry’s equity interest is held<br />
through a company that holds a stake of around 40<br />
percent of ÖPP Deutschland AG.<br />
Project highlights<br />
Roads<br />
In February 2009, HOCHTIEF PPP Solutions reached<br />
financial close on the San Cristóbal toll tunnel in San-<br />
tiago de Chile. Along with a partner, we will operate the<br />
two-kilometer tunnel until 2037. This is the second contract<br />
for us in the Andes state besides the Vespucio<br />
Norte Express project and underscores our excellent<br />
reputation, which was also confirmed by the Pro Human<br />
Foundation. The Foundation recognized the Vespucio<br />
Norte Express concessions company for its socially<br />
responsible actions.<br />
HOCHTIEF PPP Solutions was named a preferred bidder<br />
for the D1 motorway project in Slovakia mid-year. The<br />
project entails the design, financing, construction and<br />
subsequent operation of a 25-kilometer stretch of motorway<br />
and a six-kilometer access road.<br />
In Austria, we opened the S1 and S2, the initial sections<br />
of the beltway around Vienna, in late October. HOCHTIEF<br />
PPP Solutions led the consortium for the A5 “Y” project<br />
with a share of 44.4 percent. The A5 toll highway was<br />
fully opened to traffic in early 2010.