Spanish toll road worries

Financial issues are now impacting heavily on Spain's Radial 4 (R-4) highway. The companies involved, Autopista Madrid Sur Concesionaria Espanola and Inversiones de Autopistas del Sur, are facing high levels of corporate debt. However traffic volumes have been lower than expected, while the cost of the project has been high.
November 28, 2012 Read time: 1 min
Financial issues are now impacting heavily on Spain's Radial 4 (R-4) highway. The companies involved, Autopista Madrid Sur Concesionaria Espanola and Inversiones de Autopistas del Sur, are facing high levels of corporate debt. However traffic volumes have been lower than expected, while the cost of the project has been high.

Related Content

  • Spain’s A21 motorway gets €182m of financial help
    September 22, 2017
    Autovía del Pirineo has secured €182 million for the construction and operation of several sections of the A21 motorway in Spain’s northern Navarre region. Autovía del Pirineo is a subsidiary of Iridium Concesiones de Infraestructuras and a member of the ACS Group. International law firm Watson Farley & Williams said that it had advised a syndicate of banks and other European institutional funders on the procurement of senior debt facilities worth €182 million for Pirineo.
    Read More
  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More
  • Cement volumes reveal worrying trends in European economies
    April 27, 2018
    The relationship between cement volumes and employment rates reveals some interesting economic trends, according to Nicola Zampella, director of Federbeton Research Centre. Federbeton is an Italian association representing companies in all parts of the concrete supply chain. “It seems fairly obvious to say that there is an inverse correlation between cement consumption and unemployment levels,” said Zampella, speaking at the World of Concrete Forum in Paris this week. “But the relationship between them can
    Read More
  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More

Highlighted Content