Skip to main content

Financing is in place for key Italian highway

In Italy funding is being found to finance work to the Livorno-Civitavecchia highway. Some €2 billion worth of private funding is to be made available for the Livorno-Civitavecchia highway project. This funding stream is being set in place due to framework changes being made by CIPE, the Italian interdepartmental committee for economic planning. This will now pave the way for banks to fund the project. Construction works are already underway on a 15km section of the highway.
October 4, 2013 Read time: 1 min
In Italy funding is being found to finance work to the Livorno-Civitavecchia highway. Some €2 billion worth of private funding is to be made available for the Livorno-Civitavecchia highway project. This funding stream is being set in place due to framework changes being made by CIPE, the Italian interdepartmental committee for economic planning. This will now pave the way for banks to fund the project. Construction works are already underway on a 15km section of the highway.

Related Content

  • Major Australian tunnel contract has been awarded
    October 29, 2021
    A major Australian tunnel contract has been awarded to a consortium.
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
  • Turkey's new highway
    February 7, 2012
    Work on Turkey's Istanbul-Izmir highway is now in planning. The US$1 billion project will include a radical suspended bridge, said to be one of the longest of its type.
  • A history lesson in private public partnerships
    April 12, 2012
    Michel Démarre gives some historical insights into public-private partnerships conceived to implement urban infrastructure projects, a concept that surprisingly dates back to as early as the 13th century! All over the world today, the role of public authorities in the process of planning and, in most cases, designing, financing and procuring urban roads is paramount. Even for modifications to existing roads, decisions are made by these public authorities (usually after due consultation with the population)