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

  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
  • We can be Heroes
    January 11, 2023
    Paraguay’s Puente Héroes del Chaco will provide a vital transport link for the country once it is complete, Mauro Nogarin and Mike Woof report
  • Over US$2 billion for two Vietnam highway projects
    July 22, 2024
    More than US$2 billion will be invested for two Vietnam highway projects.
  • Peru’s Matarani – Punta de Bonbon Highway
    January 5, 2016
    A major new highway project in Peru will improve connectivity for the Arequipa region - Mauro Nogarin writes Peru’s Matarani-Bonbon road project is an important route and forms part of the Camana - Dv Quilca - Ilo - Tacna highway project. The road stretches through several provinces in the Arequipa region. The deadline for completing the work is 720 days after January 2015, and it is scheduled to be completed by December 2016. Progress has been good and as of July 2015, it was 80% completed. The main