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

  • Montreal’s Champlain Bridge superstructure deal signed with Canam-Bridge
    May 22, 2015
    Canada-based Canam-Bridge has been chosen to fabricate the superstructure for the Champlain bridge project in Montreal as well as to supply steel. Marc Dutil, chief executive of Canam, a specialist bridge superstructure fabricator, expects at least 45,000tonnes of steel will be required for the 3.4km bridge that will span the St. Lawrence River which leads to the Great Lakes of North America. The contract is expected to be completed after a formal deal is reached between the SNC-Lavalin consortium con
    Read More
  • Chilean project re-tendering
    April 26, 2012
    The Chilean authorities have had to re-launch the tender process for the 187km La Serena – Vallenar highway project. A consortium, Azvi-Copasa, originally won the tender for the project in 2010 but struggled to find the necessary financing. As a result, Chile's Ministry of Public Works (MOP) has been forced to restart the tendering process and open the project for bidding once more.
    Read More
  • Paraguay in talks to salvage tender for works on Routes 2 and 7
    May 10, 2016
    Paraguay is in discussions with six out of 11 prequalified consortia after none of the 11 submitted bids for a major highway development. The Public Works and Communications Ministry is making efforts to put back on track a public-private partnership to widen routes 2 and 7. Media reports said consortia were supposed to present their bids on 28 April. But with no bids submitted by that date, the government set a new date of 29 June. The whole project will require US$754 million, including $80 milli
    Read More
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
    Read More

Highlighted Content