{{Short description|Australian company}} {{Use dmy dates|date=July 2019}} {{Infobox company |name = ConnectEast |logo = ConnectEast Logo.png |type = Private |foundation = 2002 |location = Ringwood, Victoria, Australia |key_people = Charles Griplas, Managing Director |industry = Transportation |products = EastLink tollway<br>Part of Ringwood Bypass |revenue = $350 million |revenue_year = 2019 |num_employees = Approx 200 |num_employees_year = 2014 |website = [http://www.connecteast.com.au/ www.connecteast.com.au]}}
'''ConnectEast''' is an Australian company responsible for the finance, design, construction and operation of the EastLink toll road in Melbourne.
Previously listed in the Australian Securities Exchange (ASX) as the ConnectEast Group, it won a $2.5 billion tender in 2004 to finance, design, construct, operate and maintain the 39 km EastLink toll road between Mitcham and Frankston,<ref>{{Cite news|url=http://www.abc.net.au/news/2004-10-14/connecteast-wins-25b-freeway-contract/568266|title=ConnectEast wins $2.5b freeway contract|date=2004-10-14|work=ABC News|access-date=2016-09-22}}</ref> which links the Eastern Freeway in the eastern suburbs of Melbourne to the Frankston Freeway in Melbourne's south-east. This tollway was constructed by a joint venture between Thiess and John Holland and completed five months ahead of schedule with the tollway opening in June 2008.<ref>[https://web.archive.org/web/20230207175846/https://www.asx.com.au/asxpdf/20080630/pdf/319wyfxczfj48p.pdf EastLink successfully opens to traffic] ConnectEast 30 June 2004</ref>
In late 2011, ConnectEast was sold to Horizon Roads (a consortium of eight investors: Universities Superannuation Scheme from the United Kingdom, APG of the Netherlands, National Pension Service of South Korea, China's Leader Investment Corp, Arbejdsmarkedets Tillægspension of Denmark, Teachers Insurance and Annuity of the US and the Korean Teachers Credit Union<ref>{{Cite web|url=http://www.couriermail.com.au/ipad/toll-road-bid-watched-closely/story-fn6ck2gb-1226100059907?nk=e46877f46f38a41b05417b366eb15d30-1474509343|title=Toll road bid watched closely|last=Grant-Taylor|first=Tony|date=2011-07-23|website=The Courier-Mail|publisher=News Corp Australia|access-date=2016-09-22}}</ref>) for $2.2 billion and delisted from the ASX.<ref>[https://web.archive.org/web/20221127064936/https://www.afr.com/companies/infrastructure/cp2-wins-vote-to-acquire-connecteast-20110928-i47g0 CP2 wins vote to acquire ConnectEast] ''Australian Financial Review'' 27 September 2011</ref><ref>{{cite news |last=Wilson |first=Neil |date=2011-09-27 |title=ConnectEast takeover approved after close vote |url=http://www.heraldsun.com.au/business/connecteast-is-at-a-crossroads/story-fn7j19iv-1226147313569 |newspaper=Herald Sun|publisher=News Corp Australia|access-date=2014-08-30 }}</ref><ref>[https://web.archive.org/web/20230207175455/https://www.asx.com.au/asxpdf/20111102/pdf/4228fps2qfb5x0.pdf ConnectEast Group Removal from Official List] Australian Securities Exchange 2 November 2011</ref>
ConnectEast's concession expires in 2043.<ref>[https://web.archive.org/web/20230207181654/https://www.bloomberg.com/news/articles/2023-02-07/transurban-says-it-wants-to-buy-stake-in-melbourne-s-eastlink Transurban Says It Wants to Buy Stake in Melbourne’s EastLink] ''Bloomberg News'' 7 February 2023</ref>
==References== {{Reflist}}
Category:Companies based in Melbourne Category:Companies formerly listed on the Australian Securities Exchange Category:Private road operators Category:Transport in Melbourne Category:2002 establishments in Australia
{{Melbourne-stub}} {{australia-company-stub}} {{Transport-company-stub}}