Spanish Government devises plan to nationalise motorways

The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies. The motorways in question are managed by firms including Abertis, ACS, Ferrovial, Sacyr, Globalvia, Isolux, Comsa and Azvi. The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.
March 14, 2013 Read time: 1 min
The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies.

The motorways in question are managed by firms including 5729 Abertis, 917 ACS, 2717 Ferrovial, 3959 Sacyr, 1377 Globalvia, 1392 Isolux, Comsa and 5289 Azvi.

The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.

For more information on companies in this article

Related Content

  • Spanish firm wins Senegal bridge and highway upgrades
    April 10, 2013
    The authorities in Senegal have awarded a US$ 142.6 million package of works to Spanish contractor Isolux. The work involves construction of two stretches of the RN6 highway measuring some 194.5km in total. Also included in the deal is work to the new bridge at Kolda. The project will involve widening, improvement and modification works to the highway. The areas where work will be carried out lie between the Casamance River and the border with Guinea Bissau and in the towns of Kolda and Ziguinchor.
    Read More
  • Quebec to build new Mercier Bridge for Montreal city
    May 12, 2017
    The Canadian province of Quebec plans to build a US$219 million bridge across the St Lawrence River alongside the existing Mercier Bridge in the city of Montreal. Provincial government cabinet ministers Pierre Moreau and Geoff Kelley confirmed that a new bridge is forthcoming, but gave schedule for procurement or construction start, according to local media. However, Moreau said the work will begin probably before the new Champlain Bridge is finished at the start of 2019. Construction of the new Champlain B
    Read More
  • Auction firm Ritchie reports strong results
    February 6, 2014
    Auction firm Ritchie Bros reports strong performance for its online construction machinery marketplace, EquipmentOne, in the first year since the service was set up. The service is complementary to the firm’s unreserved auction business and provides an online marketplace for the sale of equipment. The company says it offers buyers and sellers a place in which to negotiate, complete and settle transactions in a safe and transparent environment. This was initially launched in early 2013 and had a full commerc
    Read More
  • International firms interested in Brent Spence Bridge project in Ohio, US
    April 12, 2013
    Some of the biggest international construction firms are among agencies and companies reportedly interested in funding or developing a new US$2.5 billion Brent Spence Bridge on Interstates 71/75 in the US state of Ohio.
    Read More

Highlighted Content