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

  • Italy road investment from management firm
    October 13, 2017
    The Italian firm ANAS which manages much of the country’s network is setting out a major programme for road investment. In all €29.5 billion will be spent on upgrading Italian roads managed by ANAs over the next five years. This budget includes the €23.4 billion for new civil engineering work. Of the €23.4 billion, €8.4 billion is aimed at the completion of existing sections of road while €10.5 billion is for maintenance work or safety upgrades.
    Read More
  • Italy road tunnel project excavated
    July 9, 2018
    Italy’s A3 Highway is being upgraded, which will improve transport between Salerno and Calabria. Upgrading Italy’s A3 highway is of prime importance for developing the south of the country and is a project that has been prioritised for construction. The A3 Salerno-Reggio-Calabria highway is a non-toll road managed by ANAS, Italy’s state-owned company that constructs and maintains highways. The route runs a total of 443km, with the road having originally been built between 1966 and 1974. However, the origina
    Read More
  • Cifa gets pumped over final work on Milan bypass
    May 14, 2015
    Truck-mounted concrete pumps from the manufacturer Cifa have been working around the clock at one of Italy’s most prestigious road infrastructure projects, the Milan Outer Bypass. The toll motorway project, known by the TEEM acronym from the Italian name Tangenziale Est Esterna di Milano, involves 32km of new carriageway consisting of three lanes in each direction in addition to an emergency lane. The route winds through agricultural land and connects the A4 highway (Milano-Venezia) in the north to the A
    Read More
  • Indian highways road construction
    April 16, 2012
    Superlatives, once applied only to China's phenomenal growth, are now being used for India. Patrick Smith reports Those involved with the Naini Bridge in Allahabad are so proud of the result that they have set up an exhibition centre detailing its construction.
    Read More

Highlighted Content