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

  • Three consortia to make final bids for Gordie Howe International Bridge
    January 25, 2016
    The Windsor-Detroit Bridge Authority has chosen three final bidders for the six-lane Gordie Howe International Bridge to be built between the Canadian city of Windsor and Detroit in the US state of Michigan. The estimated US$2 billion toll bridge, to be built under a public private partnership, is expected to be finished by 2020.
    Read More
  • German government to adhere to Fehmarn Belt tunnel plans
    April 30, 2015
    Germany is to adhere to plans for a tunnel between Fehmarn, Germany, and Lolland, Denmark despite criticism over the cost and a delayed schedule. Denmark alone is likely to foot the €7.4 billion bill for the prestigious Fehmarn Belt Fixed Link immersed tunnel while Germany will pay for only access roads and other connections on its territory. Angela Merkel, Chancellor of Germany, said her government and transport authorities will respond to more than 3,000 objections over the construction of the tunne
    Read More
  • Motorway upgrades for Galicia, including A-55
    May 27, 2024
    Oscar Puente, Spain's minister of transport and sustainable mobility, made the announcement, saying it will help the Trans-European Transport Network.
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More

Highlighted Content