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

  • Western construction firms operating in developing nations face extra challenges
    January 9, 2024
    Contracting firms carrying out road construction works in developing nations can face extra challenges - Gordon Feller reports
    Read More
  • Building a major Turkish highway project
    August 15, 2018
    The North Marmara Motorway Project in Turkey has been a major focus for project financing, as well as for novel technical solutions for its construction. This mega infrastructure project is intended to boost transport connectivity between the European and Asian sides of Turkey International law firm Winston & Strawn LLP has advised on major project financing for two sections of the highway. The structure for implementation of the Project is based on the build-operate-transfer (BOT) concession model. The
    Read More
  • Road pricing revenue a source of investment funds
    February 16, 2012
    When channelled back into the road sector, revenue from road charging is seen by many as a source of additional investment and research funds as Patrick Smith reports. Late in 2010, three major European organisations put out a policy statement calling for fair charging for greener, smarter and safer road infrastructure. ASECAP (the European toll road operators organisation); ERF (European Road Federation) and the IRU (International Road Transport Union), said that in recent years the concept of road chargin
    Read More
  • Growth coming for Asian construction market
    September 4, 2018
    A new report produced by research specialist GlobalData predicts continued growth for Asia’s construction market. According to the report, construction in the ASEAN region will grow by over 6% annually over next five years. The report has been published to coincide with the INTERMAT ASEAN 2018 and Concrete Asia 2018 trade shows for construction, infrastructure and concrete sectors. The data suggests that construction output in the member states of the Association of South-East Asian Nations (ASEAN) would ex
    Read More

Highlighted Content