Plans for Italy's key highway unveiled

plan for Italy’s key Orte-Mestre highway has been unveiled with the project expected to cost over €11 billion. Of this, some €1.43 billion is expected to be funded by the Italian Government, while €9.5 billion is expected to be provided by private sources. The work is expected to take several years to complete. The project will link the Adriatic Centre-South with the North-East, and connect with Europe’s with the corridor 5, running from Lisbon-Kiev.
May 15, 2012 Read time: 1 min
 plan for Italy’s key Orte-Mestre highway has been unveiled with the project expected to cost over €11 billion. Of this, some €1.43 billion is expected to be funded by the Italian Government, while €9.5 billion is expected to be provided by private sources. The work is expected to take several years to complete. The project will link the Adriatic Centre-South with the North-East, and connect with Europe’s with the corridor 5, running from Lisbon-Kiev.

Related Content

  • Uganda road projects funding sought
    February 6, 2017
    The Ugandan Government has unveiled plans to improve its road connections with its northern neighbour South Sudan. To fund the construction project, the Ugandan Government has been seeking a loan worth US$210 million from the Islamic Development Bank (IDB). The terms of the loan arrangements have yet to be revealed however. The aim of the project is to improve the road link running through Rwekunye, Apac, Lira and Acholibur. Better transport links form part of a much wider programme of integration between E
    Read More
  • Key Australian road projects underway
    December 19, 2014
    In Western Australia plans are in hand for the new Perth freight link. This will run between Muchea and Fremantle, and it will start with the Roe 8 project and extend Roe Highway through to Stock Road. The route will remove some 500 trucks/day from the Leach Highway, helping cut congestion. The project will cost around US$1.3 billion (A$1.6 billion), with funding split between the Western Australia State Government and the Federal Government. The route should be complete in 2016. Also in Australia, work has
    Read More
  • Ukraine major highway rebuild planned
    October 7, 2019
    Rebuilding work is being planned for one of Ukraine’s major highway connections.
    Read More
  • Vietnam’s key highway project feasibility study
    March 9, 2018
    The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport. Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these
    Read More

Highlighted Content