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

  • Turkish highways and bridge project financing secured
    June 7, 2018
    The financing package that will pay for Turkey’s €2.43 billion Malkara to Çanakkale highway and 1915 Çanakkale Bridge has now been secured. This follows on from Mott MacDonald completing its technical due diligence of the project documentation. The project will be handled under the PPP model. The centrepiece of the project is the €1.68 billion Çanakkale 1915 bridge. This will be over 4.6km long, with a 2,023m main span that will be the longest in the world for a suspension bridge. It will allow a clearance
  • Planned highway upgrade for Mexico’s Sonoro State
    July 21, 2014
    Plans are in hand to upgrade a major highway in Mexico’s Sonoro state. A budget of US$1.6 billion has been set in place for the necessary work. The highway will be widened and will feature two traffic lanes in either direction once the work is complete. The plans for the project have been set out by Mexico’s Secretariat of Communications and Transport (SCT). Funding for the project is being provided by the National Infrastructure Fund (Fonadin) as well as the state-owned bank Banco Nacional de Obras y Servi
  • Indonesian road company seeks road financing
    March 23, 2015
    Indonesian toll road operator Jasa Marga is keen to source funding to finance 10 new highway projects. The company is looking for loans in the shape of bond issuances as well as from banking firms. The 10 highway projects will extend for a total distance of 272.45km in all. Jasa Marga hopes to source loans worth a total of US$215.46 million for the work. However in all the projects are expected to cost some $306.37 million to construct.
  • Brazil opening tender processes for highways, tunnels and road repairs
    July 4, 2014
    A series of tenders for major highway, tunnel and road repair projects are being opened in Brazil. The country’s national transport infrastructure department, DNIT, has set out plans for a series of tenders, all of which form part of phase 2 of the country's growth acceleration plan, PAC. The first of the key projects opening for tender will be the new Morro dos Cavalos tunnel, which will be constructed in the southern state of Santa Catarina. This 1.36km tunnel will be built in the city of Palhoça and form