Increasing costs of highways project delays

Costs are climbing for Catalonia’s Eix de la Conreria highway project in Spain. The B-500 project is now expected to cost €400 million, a jump of €30 million from the previous estimate made just six months ago. The new link will connect Barcelona with Baix Maresme and Valles and the start of work on the project is also now expected to be delayed until 2012. The project requires the construction of four lanes with two running in either direction and is at present in the design and environmental assessment s
May 15, 2012 Read time: 1 min
Costs are climbing for Catalonia’s Eix de la Conreria highway project in Spain.

The B-500 project is now expected to cost €400 million, a jump of €30 million from the previous estimate made just six months ago. The new link will connect Barcelona with Baix Maresme and Valles and the start of work on the project is also now expected to be delayed until 2012. The project requires the construction of four lanes with two running in either direction and is at present in the design and environmental assessment stages.

The new link will be run and managed by concession company 1550 Tabasa, which currently operates the Vallvidriera tunnels.

Tabasa will finance much of the work through its own sources although the link will be tolled which will help provide cash flow once it is constructed.

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