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

  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
    Read More
  • Developing India’s roads with new machines
    February 10, 2017
    As part of the government’s plans to accelerate economic growth, a major expansion of India’s road network is underway Many cities in India are set to benefit from the government’s ambitious plan to use infrastructure investment to boost the economy. There are currently 11 ongoing projects across India’s road network, funded by the World Bank. Once complete, the road network will make travelling more efficient and boost India’s economic activity. The initiative will see the construction of new major
    Read More
  • Training as well as test equipment is a must for emerging markets
    April 27, 2015
    Emerging markets, such as North and East Africa, are developing an appetite for materials testing equipment, but suppliers need to provide expertise and training as well as a broad range of machines, as Kristina Smith finds out Asking what sort of testing equipment is required for Africa is a little bit like asking what sort of food Europeans like to eat. The answer is that requirements vary enormously from the most basic and ancient of tests to the very cutting edge of dynamic testing. “You have some
    Read More
  • Euromarket stable until 2020, predicts Euroconstruct
    December 13, 2018
    Analysts predict strong growth in road building up to 2020 as public finances improve. Graham Anderson reports from Helsinki European civil engineering markets – including road building and maintenance - are predicted to grow strongly between now and 2020 thanks to the increasing strength of EU members states’ national economies. The increasingly optimistic forecasts are contained in the latest construction industry research from construction market analyst Euroconstruct, based in the Finnish capital Hel
    Read More

Highlighted Content