Skip to main content

Move to establish north-east Italy motorway construction hub

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
October 4, 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

  • Key road projects planned for Italy
    February 16, 2023
    Key road development works are planned for Italy.
  • Eager for efficiency
    February 20, 2012
    Efforts to improve energy efficiency in any quarry will be furthered by a new EU-funded project now underway. Madrid-based consulting firm Solintel is leading a new €6.3million research and development project, which is part funded by the EU, to find new techniques for modelling and applying energy efficiency improvements for every aspect of quarrying.
  • Washington DC’s historic bridge replacement project
    June 11, 2019
    The project to replace a historic bridge in US capital Washington DC is providing major challenges for its builders - Mike Woof writes
  • Landmark bridge for Italy?
    August 9, 2023
    The news that the Italian Government is once again considering building a bridge spanning the Messina Strait is of major significance for the construction sector, as well as for the country.