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

  • Realigning Kenyan bypass to avoid quagmire and ease congestion
    March 21, 2012
    Japanese consultants are planning to realign a Kenyan bypass, as Shem Oirere reports. Japanese consultants are resolving an engineering quagmire involving a 17.5km bypass in Kenya's Coast region. The new design realigning the bypass is underway by Japanese International Cooperation Agency (JICA) consultants. The road is an alternative link from the hinterland to the south coast and to the proposed Dongo Kundu Port. The 23m-wide bypass would also serve to reduce traffic congestion across the Likoni Channel t
    Read More
  • Island Roads is on the march along the UK’s Isle of Wight
    November 21, 2018
    Ringway Island Roads recently completed a major 12km upgrade to one of the UK’s most iconic roads. The upgrade to the Military Road, on the Isle of Wight in the English channel, is the largest carriageway improvement project delivered in a single scheme by Ringways’ Island Roads division. The project was part of the Isle of Wight’s Highway Improvement Programme which is financed in the main through a grant of €535 million awarded by the UK’s Department for Transport. The section between the villages
    Read More
  • Autostrade del Lazio awards Sacyr company SIS the Roma-Latina deal
    July 15, 2016
    SIS, a subsidiary of Spanish contractor Sacyr, has won a €2.8 billion contract to build and operate the 186km Roma-Latina motorway in Italy. Autostrade Del Lazio, a public company created to build and manage the motorway, awarded the public private partnership contract, officially called Corridoio intermodale Roma-Latina e collegamento Cisterna-Valmontone. The SIS Scpa consortium, which consists of Sacyr (49%) and Fininc di Torino (51%), will build-operate-maintain the highway over 50 years. Revenue i
    Read More
  • Slovakia: D4/R7 Bratislava bypass work to start early this year
    January 10, 2017
    Construction will start early this year on 59km of highway as part of the D4/R7 bypass of the Slovakian capital Bratislava. Ferrovial through its subsidiaries Cintra Infraestructuras and Ferrovial Agroman is leading the consortium on the public-private partnerships deal worth around €1.9 billion, according to media reports. Ferrovial reached financial close on the project in June, noting that their investment would be around €975 million. The first stage of the design, build, financing, operate and ma
    Read More

Highlighted Content