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

  • FEHRL holds successful infrastructure research event in Brussels
    June 22, 2015
    FEHRL recently held the FIRM15 event in Brussels, focussing on innovative maintenance of transport infrastructure In all some 110 transport infrastructure research experts from Europe and beyond met for the 2015 FEHRL Infrastructure Research Meeting (FIRM15) at the Diamant Centre in Brussels, Belgium. These professionals discussed the overall theme of 'Innovative maintenance of transport infrastructure: Faster, cheaper, more reliable, safer and greener'. Throughout the two-day conference, several solution
    Read More
  • Russian bypass projects under construction
    October 5, 2018
    The Russian government is starting a major programme of building bypasses around large cities during the current financial year – Eugene Gerden writes The Russian government is starting a massive programme of building bypasses around the country’s biggest cities during this financial year. The aim is to address the problems of traffic jams and speeding traffic on federal routes, according to recent statements by the Russian Presidential Administration and some senior officials from the Ministry of Trans
    Read More
  • The M-10 motorway to be a first PPP for Belarus
    July 3, 2019
    As Belarus opts for its first PPP, contractors should take note of contract nuances when working in CIS countries, explains Ove Arup’s Steve Gilpin Belarus is part of the Commonwealth of Independent States (CIS), a regional governmental organisation of 10 ex-Soviet bloc countries. The CIS includes Russia as well as Turkmenistan which is an associate member. Some countries, including Georgia, were part of the CIS but have left the organisation. Arup’s projects in CIS countries have been commissioned by
    Read More
  • Promoting advances in sustainable roads worldwide
    February 8, 2012
    The International Road Federation (IRF), founded in 1948, is the only world forum advocating better and safer roads through better road design and construction bearing in mind the user. It is a unique institution that brings together members active in road infrastructure from both the private and public sectors.
    Read More

Highlighted Content