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.
Road Structures

Related Content

  • Major highway project planned for Morocco
    January 10, 2013
    Work on a new 172km highway is underway in Morocco. Financing worth US$706.7 million is being budgeted for the new highway, which will connect Berrechid-Beni with Mellal. The new highway will have two toll booths and three rest areas. The project is due for completion in 2014, with the first stretch in the Tadla-Azilal area expected to open to traffic June 2013. The new highway is a key link in the Moroccan Government’s planned road network for the country. This is aimed at ensuring all towns and villages i
    Read More
  • Serbia reduces cost of highway construction
    March 22, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget.
    Read More
  • Italy's highway strategy
    March 1, 2012
    In Italy the state-controlled road concessionare ANAS has activated €6 billion worth of funding for highway and general road works in the region of Liguria (northern Italy).
    Read More
  • Nepal's highway plans
    March 22, 2012
    The Nepalese Government is working on plans to build a series of highways that will improve north-south connectivity for this mountainous country.
    Read More

Highlighted Content