Estradas de Portugal road authority to receive US$1.05bn from 2013 state budget
Portuguese road authority Estradas de Portugal will receive US$1.05 billion (€781mn) from the state budget in 2013. As part of this, an agreement for a €238 million loan has already been signed with state secretary Maria Luis Albuquerque.
January 31, 2013
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Portuguese road authority 1410 Estradas de Portugal will receive US$1.05 billion (€781mn) from the state budget in 2013. As part of this, an agreement for a €238 million loan has already been signed with state secretary Maria Luis Albuquerque.
Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved
In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved
French infrastructure fund manager Ardian has agreed to acquire all the shares of Ascendi PT II which operates seven Portuguese motorway concessions
Ardian, an independent private investment company, is buying the shares from its joint venture partner Ascndi Group. Ascendi PT II was formed in June 2015 as a partnership between Ardian Infrastructure and Ascendi and owns and operates five motorways in northern Portugal and the Lisbon area.
Ardian Infrastructure will pay €600 million for control of the
