Motorway construction project hub for Italy

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy. The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, Autostrada Serenissima and Autovie Venete, to be carried out over five years, would
November 28, 2012 Read time: 2 mins

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy.

The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, 6668 Autostrada Serenissima and 5372 Autovie Venete, to be carried out over five years, would give the project US$3.89 billion in capital. This would then be boosted by an additional $12.93 billion from project financing sources, while other firms such as Autobrennero and Pedemontana Veneta could also be added to the mix.

The companies currently thought to be involved in the plan are funds Equinox and F2i; civil engineering groups 5177 Vinci and Gavio; and bank 1473 Intesa Sanpaolo. Ultimately, the new hub could be floated on the stock exchange with the support of a rock-solid business plan.

For more information on companies in this article

Related Content

  • Colombia’s Toyo Tunnel project providing key link
    May 20, 2016
    Colombia’s Toyo Tunnel project will provide an important new link for the country, writes Mauro Nogarin. The new Toyo Tunnel project is of immense importance for Colombia, improving transportation and providing an important road link. The work is being carried out by the Antioquia to the Sea Consortium, which comprises of FCC Construction, Cass Builders and Company, Carlos Alberto Solarte and Estyma Studies and Handling. These firms are building the Toyo Tunnel project and the various access roads, with the
    Read More
  • From rubber to nanotechnology, new additives give longer life
    March 12, 2014
    This month: rubber comes to the rescue for cash-strapped UK authorities and Italian towns plagued by road noise; Japanese nanotechnology fights monsoon damage in India; and a new research programme promises to help define whether ‘sustainable’ bitumen technologies really live up to their billing - Kristina Smith writes A new venture in the UK aims to encourage the use of recycled tyres in road pavements. Billian UK is now manufacturing GTR Pellets which combine bitumen, ground tyre rubber (GTR) and miner
    Read More
  • Italy's Messina Strait bridge
    March 20, 2023
    The Messina Strait Bridge project in Italy is being revived.
    Read More
  • Increasing demand for geosynthetics reinforcement
    May 3, 2012
    Geosynthetics have a wide variety of uses and these include providing extra strength in highway construction. Demand for geosynthetics in the United States alone is projected to increase 4.4% per year through to 2010 to more than 727 million m². Geosynthetics, used worldwide in the highway sector for strengthening, include geotextiles, geomembranes, geonets, geogrids, geosynthetic clay liners, preformed geocomposites, geocells and geofoams. The US advances will be fuelled by a recovery in nonbuilding constr
    Read More

Highlighted Content