Rescued Spanish motorways generate income for Seittsa agency

The eight motorways taken over by the Spanish government management agency Seittsa generated nearly €37 million in profit last year, according to national media. Seittsa said the money will be used for maintenance of the formerly private motorways. Among the revenues collected was around €3.8 in tolls from vehicles on the M-12 connecting Madrid to the airport.
May 2, 2019 Read time: 1 min
The eight motorways taken over by the Spanish government management agency Seittsa generated nearly €37 million in profit last year, according to national media.


Seittsa said the money will be used for maintenance of the formerly private motorways.

Among the revenues collected was around €3.8 in tolls from vehicles on the M-12 connecting Madrid to the airport.

Finance & Funding

Related Content

  • UK: Kier Group completes purchase of Mouchel
    June 11, 2015
    In the UK, Kier Group has completed its purchase of Mouchel, the infrastructure repair and maintenance provider. The deal worth just more than €364 million (US$405 million) strengthens Kier's position in the British highways maintenance and management sector. A €467 million rights issue was used to finance the deal.
    Read More
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
    Read More
  • Colombia: PPP for motorway between Cesar and La Guajira
    March 11, 2015
    In Colombia, the Council of Ministers has given official approval to a fourth public-private partnership (PPP), this time for a motorway between Cesar and La Guajira. The 350km road, costing an estimated US$151 million, will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. The announcement comes Columbia’s National Infrastructure Agency said it will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost $765, wil
    Read More
  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More

Highlighted Content