Brenner Tunnel financing solution suggested

The Brenner Base Tunnel could be financed by highway users according to a proposal by the Italian Ministry of Transport. The authorities in South Tyrol have suggested that the EU may forego new tenders and recalculate the concession period so that it is for a longer timeframe. This would be of benefit both to the Italian Government (which has budgetary restraints), and the EU. Highway operator Brennerautobahn, in which the Italian regions of Trentino and South Tyrol have a 32.2% stake, already provides €30

March 20, 2015 Read time: 1 min

RSSThe Brenner Base Tunnel could be financed by highway users according to a proposal by the Italian Ministry of Transport. The authorities in South Tyrol have suggested that the EU may forego new tenders and recalculate the concession period so that it is for a longer timeframe. This would be of benefit both to the Italian Government (which has budgetary restraints), and the EU. Highway operator Brennerautobahn, in which the Italian regions of Trentino and South Tyrol have a 32.2% stake, already provides €30 million/year in funding. So far, €550 million has been invested into the project. Meanwhile Austrian construction company 945 Strabag has also suggested that it can part-finance the project. In all the tunnel is expected to cost €10 billion and should be ready for use in 2025.

Finance & Funding Road Structures

For more information on companies in this article

Strabag

Solution found for Colombian tunnel project?

A solution seems to have been found for Colombia’s long-running La Linea Tunnel project. Work has been delayed on the tunnel for a number of reasons and on a number of occasions, most recently due to funding issues. But previous delays were due to such diverse causes as technical challenges posed by the difficult conditions and a lack of suitable insurance cover. The Colombian Government has come to an agreement with the Segundo Centenario consortium building the tunnel that will see construction activity r

June 30, 2017

Spanish toll road refinancing plan announced

March 11, 2015

Indonesia’s Trans-Sumatra highway inches ahead

June 7, 2017

Russian road concession deal agreed

A concession package has been agreed for a toll road project in the Bashkortostan Republic. The US$512 million construction project will provide a new link from the M5 Ural highway route to Ufa, the capital of the Bashkortostan Republic.

July 7, 2017

Indian State of Rajasthan sees highway development

India’s Rajasthan State is benefiting from new financing for its Highways Investment Programme. A loan facility will pay for highway development work in the state. Approval has been given from the Asian Development Bank (ADB).