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

  • Kenya moves ahead with double-decker road to address costly city traffic jams
    December 11, 2013
    New double deck roads could cut congestion in Kenyan capital Nairobi – Shem Oirere reports Arapid increase in urban population and diminishing land for infrastructure expansion has forced Kenya to devise ways of addressing the worsening human and vehicular traffic problems in its capital Nairobi. The country national highways agency recently announced progress in the planned construction of the country’s first double-decker highway.
    Read More
  • Winter maintenance challenge
    February 29, 2012
    Many countries had their most severe winter for years, but it could have been much worse without the right equipment and technology as Patrick Smith reports. As many countries faced up to the 2010-2011 winter, hard-pressed maintenance teams did their best to keep things moving on the roads. With some of the lowest temperatures and heaviest snowfalls on record, the UK, Republic of Ireland, Switzerland, France, Scandinavia, Germany, and Belgium were among those affected. Russia, eastern Europe and the USA did
    Read More
  • Highways England tests ghost busters
    January 22, 2021
    Skid resistance and removal for marking products are being analysed.
    Read More
  • Construction of Fehmarn Belt Link could start in 2019
    February 27, 2018
    Construction of a Fehmarn Belt Link could start a year from now – more than a year ahead of schedule, according to Danish media reports. The timing was put forward by Holger Schou Rasmussen, chairman of Femernbælt Development, and Kristian Pihl Lorenzen, the Liberal Party spokesman for traffic issues. They reportedly said that a pending environmental court case in Germany that has stalled approval by German authorities won’t hold up construction of the 18km crossing as much as had been feared. As late as
    Read More

Highlighted Content