Italy highway widening funding found

Funding has been sourced to pay for widening work on Italy’s important A4 Autostrade. The section from Venice to Trieste will benefit from a finance package worth €600 million from the European Investment Bank (EIB) and the Italian bank Cassa Depositi e Prestiti (CDP). The funding will be supplied to Autovie Venete, the Italian motorway concession firm. This will pay for the construction of third lanes for the highway in either direction, helping boost capacity. The route has been identified as being strate
February 27, 2017 Read time: 1 min
Funding has been sourced to pay for widening work on Italy’s important A4 Autostrade. The section from Venice to Trieste will benefit from a finance package worth €600 million from the European Investment Bank (EIB) and the Italian bank Cassa Depositi e Prestiti (CDP). The funding will be supplied to 5372 Autovie Venete, the Italian motorway concession firm. This will pay for the construction of third lanes for the highway in either direction, helping boost capacity. The route has been identified as being strategic to the EU. The A4 route runs between Italy’s western and eastern borders in the north of the country and is amongst the most heavily used routes in the country and also carrying a high percentage of large trucks and through traffic.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More
  • Black sea countries complete preparations for implementation of Black Sea Ring project
    August 23, 2016
    The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all. Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and
    Read More
  • Poland's big transport plans
    July 6, 2012
    The European Investment Bank (EIB) looks likely to grant Poland a loan of €1.6 billion to carry out several key infrastructure projects. Some of the money will be used to finance the A2 highway from Lodz to Warsaw; Warsaw's southern ring road and a 50km section of the A4 highway to link with Germany.
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More

Highlighted Content