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FCC, Winner of a New Regulated Parking Service Zone in Madrid

01/02/2006

FCC, Winner of a New Regulated Parking Service Zone in Madrid

The Madrid City Council has awarded Estacionamientos y Servicios, S.A. (EYSSA), an FCC subsidiary, management of regulated on-street parking Zone V, which holds 26,750 cars.

The award is for 11 years, extendable to 25. The overall revenues for the new award over the 25 years, at 2006 prices, comes to 341.3 million.

As it did in the first tender, which was wound up in 2002, the City Council has divided the new regulated area into three zones. There are therefore at present six parking zones in Madrid, each with a similar capacity.

In 2002 EYSSA was awarded Zone II, which holds 28,850 cars and includes the Salamanca district of Madrid and part of the Chamartín district. Zone V is made up of the rest of Chamartín and part of Hortaleza district.

With this new award, EYSSA becomes the only company that is going to manage 100% of the two regulated parking zones.