Funds approved for Spain's tolled highway project

Funding for a road project in Spain is being set out by contractor Sacyr. The savings banks Caixanova and Unicaja will provide the funding, which will allow work to be completed on a 24.5km stretch of the AP-46 toll road linking Malaga and Alto de Las Pedrizas as to date only half of the work has been finished on the €367 million project. A further €200 million is required, with Sacyr providing the rest from its own sources.
May 15, 2012 Read time: 1 min
Funding for a road project in Spain is being set out by contractor 3959 Sacyr.

The savings banks Caixanova and Unicaja will provide the funding, which will allow work to be completed on a 24.5km stretch of the AP-46 toll road linking Malaga and Alto de Las Pedrizas as to date only half of the work has been finished on the €367 million project.

A further €200 million is required, with Sacyr providing the rest from its own sources.

The road was supposed to have opened in late 2009 but will not now be ready until 2011.
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