Spanish highways'€1.21 billion boost

In Spain the authorities in the Castilla y Leon region are planning to invest €1.21 billion in the construction of 15 highways up until 2020. As part of the project, procedures for building six of the highways should be put in place before the end of 2009. Some €104 million will be invested in 41km Leon-La Baneza highway; €142 million will be spent on two further motorways between Palencia and Paredes de Nava, and Palencia and Carrion de los Condes; a further project includes the last stretch of Segovia's r
July 12, 2012 Read time: 2 mins
In Spain the authorities in the Castilla y Leon region are planning to invest €1.21 billion in the construction of 15 highways up until 2020.

As part of the project, procedures for building six of the highways should be put in place before the end of 2009. Some €104 million will be invested in 41km Leon-La Baneza highway; €142 million will be spent on two further motorways between Palencia and Paredes de Nava, and Palencia and Carrion de los Condes; a further project includes the last stretch of Segovia's ring road; while the Agreda-Almazan at €179 million, and the Salamanca-Alba de Torres projects conclude the government's plans for this year.

At the same time, the Leon Toreno-Paramo, and Villablino-Piedrafita de Babia highway projects are at a very advanced proceedings stage.

The authorities in Castilla-La Mancha have authorised a tender for the construction of a 28km second stretch of the IV Centenario highway, which will link Granatula de Calatrava and Valdepenas, at a cost of €105 million. The entire highway is set to cost the government €980 million in total and will be free to use.

Related Content

  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More
  • Poland's A1 motorway progressing well
    February 9, 2012
    The second major phase of a north-south motorway in Poland is well underway. It will reduce congestion and improve safety as Patrick Smith reports Before the whistle blows to herald the start of Euro 2012, Poland's main seaport Gdansk will boast new roads, a new airport and a new stadium. The historic city in the north of the country on the Baltic coast will be one of the venues for football's 14th European Championship, being co-hosted by Poland and Ukraine.
    Read More
  • Cost reductions on Russian highways
    July 12, 2012
    Major cost reductions are being seen on some key highway projects in Russia including the new ring road project in St Petersburg, where the reduction is US$192.31 million. The management of the ring road in St Petersburg has signed an agreement with the main contractors (Flora, the corporation Inzhtransstroy) to cut costs by 12-17.6% in 2009-2010. The 12% reduction is equivalent to US$32.05 million and will apply to contractors that are to complete facilities in 2009. Meanwhile the 17.6% cut is for work pla
    Read More
  • Spanish government to launch state-owned motorway operator?
    March 24, 2014
    The Spanish government may launch a state-owned motorway operator as part of a plan to solve the economic difficulties that nine operators are currently undergoing. As part of the plan, the operators' will see their debt to banks reduced from €3.6 billion. A further solution, which is also being considered by the government, is to dissolve financially challenged operators in an orderly fashion. At present, the operators and the government are in negotiation over a possible solution.
    Read More

Highlighted Content