Skip to main content

Italian highway investments

The Italian island of Sicily is to benefit from major investment in its road network, in a move designed to help boost its economy.
May 3, 2012 Read time: 2 mins
The Italian island of Sicily is to benefit from major investment in its road network, in a move designed to help boost its economy. Sicily is one of the most economically-challenged areas of Italy and revitalising its economy has been seen as crucial to the long term future of the country as a whole.

As part of the economic plan devised for the island, Italy's public highway concessionary 1184 ANAS will invest over €7 billion in Sicily's road network. This includes over €2 billion in ongoing work and more than €4.1 billion in scheduled activity.

Featuring some 20% of Italy's major road network, Sicily represents a major investment goal for ANAS in terms of both maintenance and new construction. ANAS has already invested approximately €1 billion in Sicily between 2006 and the start of 2011.

Meanwhile 3623 Autostrade per l'Italia (APSI) and Italian motorway group Gavio will handle a €150 million contract with Italy's public motorway concessionary ANAS. The deal involves setting up Italy's first free-flow highway toll system along 800km of road. When construction is finished, ownership of the system will revert to ANAS. In addition, APSI is also part of a consortium that has a €2 billion tolling contract from the French Government. This deal is to implement and manage a satellite system to track heavy-goods vehicles over almost 15,000km of road. And in the north of the country, a tunnel looks to be the most likely solution to the need for a new road link the Mortirolo Pass. This new tunnel would connect the Italian provinces of Brescia and Sonrio. The project would require the construction of a 7km tunnel and would be likely to cost in the region of €350 million to build. The plan to improve the road link between the provinces follows an earlier co-operation agreement aimed at helping promote economic development through investments in transport infrastructure.

For more information on companies in this article

Related Content

  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
  • Life DYNAMAP: real-time mapping of road infrastructure noise
    October 15, 2015
    The world’s best road infrastructure project can also have the world’s worst traffic noise problem. But where to start defeating this noise pollution? Road traffic noise is one of the most obvious aspects affecting the quality of life in urban areas. To combat this, local, national and international authorities have developed initiatives to avoid, prevent or reduce exposure to noise. One of these initiatives – Life DYNAMAP – is underway by a group of researchers in Germany, Spain and Italy. The project is f
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
  • Julián Núñez, head of ASECAP offers a little Spanish enlightenment
    May 1, 2018
    Julián Núñez, president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth. People want to avoid the pain. This is perhaps a bad analogy to use in the case of Julián Núñez, president of ASECAP - European Association of Operators of Toll Road Infrastructures. Núñez had just sat