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*For further information, please<br />

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.

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