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

  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
    Read More
  • BAM, PGGM and Habau win German A10-A24 contract
    December 20, 2017
    A consortium of BAM-PGGM and HABAU has been appointed preferred bidder for extension of Germany’s A10-A24 motorway from Neuruppin to Pankow, near Brandenburg. The public-private partnership deal covering nearly 65km is worth around €1 billion over the 30 years of the contract, according to infrastructure project management company DEGES.
    Read More
  • Eiffage set to be concessionaire for France’s RCEA project
    June 17, 2019
    France’s Transport Ministry has chosen construction and concessions group Eiffage as the single prospective concessionaire for the project to complete the Route Centre-Europe Atlantique. The east-west RCEA is considered to be one of the most dangerous routes in France, according to government statistics. Some sections of the route, also called the Route Nationale 79, has been upgraded into a four-lane motorway over the past several decades. The plan is make the remaining two-lane sections into four-lanes
    Read More
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
    Read More

Highlighted Content