Skip to main content

Italy's highway strategy

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).
March 1, 2012 Read time: 1 min
In Italy the state-controlled road concessionare 1184 ANAS has activated €6 billion worth of funding for highway and general road works in the region of Liguria (northern Italy). Of this sum, €4 billion will be used to build new Gronda di Ponente bypass, the San Benigno bypass, and the extension of the A7 highway, as well as for maintenance work on key tunnels and viaducts. Meanwhile in a major financial deal in Italy, a €100 million capital increase is planned for the Italian Pedemontana Lombarda highway project shortly. This will be followed later by a further €100 million capitalisation. The arrangement would provide sufficient funds for the firm to be able to place the tender for the second phase of construction for the highway between Bergamo and Varese.

For more information on companies in this article

Related Content

  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
  • Project complexity in Bolivia
    April 25, 2012
    Cost increases are being seen on work to the second phase of Bolivia’s Villa Tunari-San Ignacio de Moxos road project. The work looks likely to cost an extra US$250 million as the route will have to avoid the TIPNIS national reserve. The Bolivian Government made the decision to reroute the highway following appeals from the country’s indigenous community. However coca farmers are now appealing against this ruling, while farmers in neighbouring Brazil are also requesting guarantees on land use relating to th
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
  • Russian roads and bridges being planned
    April 22, 2020
    Russian road and bridge construction and maintenance works are being planned.