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

  • Deal struck for Poland's A2 highway
    February 27, 2012
    Work on two sections of Poland's A2 highway originally planned to be built by the Chinese COVEC will now be constructed by two consortia.
  • Finance breakthrough to restart construction of key Honduras road corridor
    February 17, 2014
    The resolving of financing issues means that works to complete the corridor from the Comayagua valley to Goascoran, in Honduras, will resume soon. It is understood that both the Central American Bank for Economic Integration (CABEI) and Brazil's development bank Bandes have granted a loan of US$145 million. The new corridor will link the south with the north of Honduras and will be interconnected with existing road infrastructure, such the section between Tegucigalpa and Flores, in Comayagua. In total, som
  • Copy of New Midtown Tunnel open in Virginia
    January 30, 2017
    A project to construct the second Midtown Tunnel link in the US state of Virginia alongside the original connection has taken an important step forward – Mike Woof writes Commuters in the US state of Virginia will be pleased that the new Midtown Tunnel is now open to traffic, as it will help to boost capacity and cut congestion on the busy US 58 route connecting Norfolk and Portsmouth. The 1.13km tunnel link has been built to link with the interchange at Brambleton Avenue and Hampton Boulevard in Norfolk
  • New Midtown Tunnel open in Virginia
    January 30, 2017
    A project to construct the second Midtown Tunnel link in the US state of Virginia alongside the original connection has taken an important step forward – Mike Woof writes Commuters in the US state of Virginia will be pleased that the new Midtown Tunnel is now open to traffic, as it will help to boost capacity and cut congestion on the busy US 58 route connecting Norfolk and Portsmouth. The 1.13km tunnel link has been built to link with the interchange at Brambleton Avenue and Hampton Boulevard in Norfolk