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

  • Zimbabwe highway project linking with its neighbours
    November 28, 2016
    Zimbabwe’s Beitbridge to Chirundu highway link now looks set for a complete upgrade. The project has been planned for over 10 years but has faced a series of setbacks and delays, with funding having proved one of the biggest stumbling blocks in the past. The 897km highway runs from Beitbridge, located on the border with South Africa in the south of Zimbabwe all the way up to Chirundu, which is just over the border with Zambia in the north. The route includes part of the A4 highway in the south and the A1 hi
    Read More
  • Strasbourg motorway beltway project scrapped
    June 8, 2012
    The proposed US$943million (€750mn) Strasbourg motorway beltway has been scrapped due to concerns over its need, cost and potential environmental impact. The project, which had been fiercely criticised by Strasbourg’s socialist and green party elected officials, has been added to the list of four other projects that are on hold or buried for the same reasons: the Lyon motorway beltway (estimated at €1.5bn to €2bn ten years ago); the Bordeaux toll road (€1.7bn); the Genoble beltway (€687mn); and the Marseill
    Read More
  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More
  • Machine Control sector is the place for acquisitions
    January 22, 2014
    The machine control sector has been lively in recent months with a major acquisition, the unveiling of new software innovation and landmark testing of new technology to monitor paving temperature. Guy Woodford reports The state road construction authority in the German state of Saxony-Anhalt (LSBB Saxony-Anhalt) has become the first nationally to test MOBA’s new PAVE-IR Scan temperature measurement system at a works site.
    Read More

Highlighted Content