RiverCity_Motorway
RiverCity Motorway Group was a Queensland company that operated Brisbane’s first private tollway — the Clem Jones Tunnel (CLEM7). They also established FLOW Tolling, a tolling service provider. Rivercity Motorways Group won the rights to be the maintainer of the Clem Jones Tunnel. When the tunnel opened in 2010 it was to have a concession period of 45 years before it was handed back to the City of Brisbane. The value of the tunnel was written down by $1.56 billion to $258 million in 2010.[1]
The company was delisted, liquidated and subsequently deregistered in September 2019.[2]