Connector Motorways was an Australian toll road operator which operated the

Lane Cove Tunnel The Lane Cove Tunnel is an A$1.1 billion, 3.6 km twin-tunnel tollway in Sydney, Australia, which connects the M2 Motorway at North Ryde with the Gore Hill Freeway at Artarmon. It is owned by toll road operator Transurban and forms part ...

and the Falcon Street Gateway (now Military Road E-ramp) in northern

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

. Both projects opened to the public in March 2007. Connector was owned by

CK Infrastructure Holdings CK Infrastructure Holdings Limited (CKI), is the largest listed company, publicly listed infrastructure company in Hong Kong with diversified investments in energy infrastructure, transportation Infrastructure, water Infrastructure and infrastr ...

(19.6%),

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(15%) and Leighton (11%) Connector Motorways started off as the Lane Cove Tunnel Company and was engaged by

Roads & Traffic Authority The Roads & Traffic Authority (RTA) was an agency of the New South Wales Government responsible for major road infrastructure, licensing of drivers, and registration of motor vehicles. The RTA directly managed state roads and provided fundin ...

to design, construct, maintain and operate the tunnel for 33 years on 1 October 2003. Connector Motorways was supposed to operate the tunnel concession until 2037. On 19 January 2010, Connector Motorways went into

receivership In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in ca ...

KordaMentha appointed to Connector Motorways Pty Ltd.
. Retrieved 20 January 2010. when traffic through the tunnel failed to reach the projected volumes. Toll road operator

Transurban Transurban is a road operator company that manages and develops urban toll road networks in Australia, Canada and the United States. It is listed on the Australian Securities Exchange (ASX). Transurban is the full owner of CityLink in Melbour ...

bought the tunnel in May 2010 for $630 million and became the new operator.Lane Cove Tunnel sold for $630 million - ABC News (Australian Broadcasting Corporation)
Abc.net.au (10 May 2010). Retrieved 2013-09-07.

References

Transport companies of Australia Toll road operators Australian companies disestablished in 2010 Australian companies established in 2007 Transport companies disestablished in 2010 Transport companies established in 2007 {{Australia-company-stub