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

  • Show me the money at Australian Summit
    September 4, 2012
    The question of how to finance and fund major road infrastructure projects in Australia – including the potential role of user-pays charging as a funding solution – was top of mind at the recent Roads Australia National Summit in Sydney. The two-day summit, organised by peak national body Roads Australia, is the largest and most influential annual gathering of industry decision-makers in the country. This year’s summit was held against a backdrop of concern over the future of a raft of major road projects t
    Read More
  • Highway 407 Revisited – smart tollroad extension
    June 7, 2016
    In the late 1990s, World Highways published a supplement on construction of Canada’s Highway 407, the world’s first all-electronic toll road. But how successful has it been? David Arminas reports from Toronto The head office for 407 ETR Concession Company is a low-rise building next to exit 59, just north of Toronto, Canada’s economic powerhouse. The building may be non-descript but inside is the advanced technical heart of Highway 407 ETR – Express Toll Route. It houses the latest toll monitoring techno
    Read More
  • Our connected and automated future to go under the microscope at RA – IRF Sydney Conference
    May 10, 2018
    As industry and governments around the world continue to grapple with the challenges of vehicle automation, experts will gather in Sydney at the end of May to take stock of progress on the global journey to a new era of mobility. The two-day 2018 Roads Australia (RA) – IRF Regional Conference for Asia and Australasia, to be held over May 31st and June 1st, marks only the second time the two organisations have co-hosted an international event ‘down under’. And with RA playing a key role in helping inform t
    Read More
  • Four consortia head to second round Czech D4 tender
    November 23, 2018
    Czech Transport Ministry has advanced four out of seven consortia for a €975 million D4 motorway contract between Příbram to Písek. When signed, the 32km 25-year design-build-finance-operate contract will be the first of what the Czech government hopes will be more public-private partnerships. A Vinci-led consortium is one of the chosen groups, consisting of Vinci Highways, Vinci Concessiones and Meridiam Investments of France. Another is a German-Austrian group of Strabag and Hochtief. The third i
    Read More

Highlighted Content