Skip to main content

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.

Related Content

  • Colombia: Toyo Tunnel award to be made in September
    July 15, 2015
    The contract award for Columbia’s 9.75km Toyo Tunnel project will be made on September 28, according to Columbian media. The tunnel, costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas. World Highways reported in January that the central government will contribute $216 million towards the project, the regional government of Antioquia department will contribute $337 million and the Medellin city government will pitch in with $212 million. Columbia’s N
  • Aseta report: Spanish motorway toll booths to generate US$10.25bn annually
    May 24, 2012
    A report by the Spanish Association of Turnpikes, Tunnels, Bridges and Other Toll Road Concessionaire Companies (Aseta) claims the installation of toll booths on motorways would yield the Spanish government a minimum of US$ 10.25billion annually. Those whom the vehicle is a work tool or who do not have an alternative transport method would qualify for a discount. The government is also considering not charging drivers who motorways at night. Furthermore, drivers of trucks weighing more than 3.5tonnes are ad
  • Private owners seek a buyer for the UK’s only toll road, M6 Toll
    February 15, 2016
    Britain’s only toll road, the motorway M6 Toll, is up for sale by its owners, a consortium of banks that hope to recover some of the €2.45 billion of debt. The 27 owners of M6 Toll, including Crédit Agricole, Commerzbank and Banco Espirito Santo, took over the 43km pay-as-you-go toll road from infrastructure group Macquarie in December 2013 after a debt restructuring. Midland Expressway Limited (MEL), part of Macquarie Atlas Roads, continues to operate the six-lane motorway around the English city of
  • Completion of Prague’s outer ring-road Běchovice section for 2024
    July 24, 2019
    Completion of Prague’s outer ring-road connecting the D1 motorway with Běchovice town to the north should be in 2024, a year earlier than planned. Czech prime minister Andrej Babiš made the announcement, saying the 2025 date set by the Czech Highway Authority was too far off, according to local media. The national Czech News Agency reported that the 12.5km section will cost around €365 million. Transport minister Vladimíra Kremlík said that the state will have to acquire land from up to 500 land ow