Italian motorway operator signs US$3.86 billion satellite toll contract in France

Italian motorway operator Autostrade per l'Italia (ASPI) signed the US$3.86 billion contract awarded earlier on in 2011 for the heavy vehicle satellite toll system of the motorway network in France.ASPI leads a consortium also including French telecom group SFR with a six per cent stake, defence group Thales with 11 per cent, IT specialist Steria with three per cent, and transport firm SNCF with 10 per cent.
May 1, 2012 Read time: 2 mins
Italian motorway operator 3623 Autostrade per l'Italia (ASPI) signed the US$3.86 billion contract awarded earlier on in 2011 for the heavy vehicle satellite toll system of the motorway network in France. ASPI leads a consortium also including French telecom group SFR with a six per cent stake, defence group Thales with 11 per cent, IT specialist Steria with three per cent, and transport firm SNCF with 10 per cent.The project is designed to monitor vehicles above 3.5 tonnes on a 15,000 km network, through a satellite transmitter and 4,000 check points. The toll should be of $0.17 per km, and it is estimated that 600,000 devices will be installed for regular users, and 200,000 for occasional users.

The system will be operational from July 2013, and the concession has been assigned until 2024; in this period, ASPI should earn around US$277 million per year, while the French government will pocket an estimated $1.66 billion. The Italian firm will invest over $832 million in the project, using credit lines granted by a consortium including Mediobanca, 3320 Credit Agricole, 5394 Banca Imi, 5425 UniCredit Bank Austria AG, 5396 Caisse des Depots and 3321 Deutsche Bank.
Highway & Network Management

Related Content

  • Siemens supplies toll system to France
    May 30, 2012
    Siemens has received orders, valued at nearly US$63 million from Eurotoll and Total, two of the largest French electronic toll onboard units issuers, to supply technology for the new French toll collection system. The equipment comprises onboard units for the vehicles as well as the electronic detection system. The orders are part of the Ecotaxe project which will see the introduction of mileage-based taxation on French national roads for trucks weighing 3.5 tons and more. In addition to the highways, bridg
    Read More
  • Herrenknecht's record-breaker
    February 13, 2012
    A Herrenknecht S-574 Earth Pressure Balance Shield is being used on a major highway project in Italy.
    Read More
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
    Read More
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More

Highlighted Content