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

  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • France ponders a car tax to fund road maintenance
    December 20, 2017
    French transport minister Elisabeth Borne is considering a tax on new cars to boost funds for road maintenance, according to media reports. Media reports that the country, once the top-ranked country for the condition of its roads, has dropped to seventh place due to issues over maintenance leading to an increased risk to users.
  • Highways Agency’s 57 road improvements set to give £3bn boost to UK economy
    October 8, 2012
    The Highways Agency is to deliver 57 vital road improvements said to equate to a near US $ 4.83 billion (£3bn) boost to the UK economy. The $ 274.25 million (£170mn) investment is part of a $ 350.07 million (£217) million programme to remove bottlenecks and keep traffic moving on England’s motorways and major A roads. Many of the improvements will be delivered in 2013 and 2014, and they will all be completed by March 2015. The announcement brings the total number of schemes to receive investment from the Go
  • UK road investment strategy questioned
    July 31, 2023
    A report from the House of Commons Transport Committee recommended cancellation of some major new projects such as the Stonehenge Tunnel and the Lower Thames Crossing.