Sacyr : is awarded the construction and concession of the Rome – Latina freeway (Italy) with an income portfolio of 12,250 million euros

13/07/2016

• Sacyr's Italian subsidiary, SIS, will build and manage the 186 km freeway for a period of 43 years

Autostrade del Lazio has awarded the construction and concession of the Rome - Latina freeway in Italy, 186 kilometers long, to Sacyr's Italian subsidiary, SIS, with envisaged investment of 2,800 million euros and a concession period of 43 years.

This project means Sacyr Concesiones consolidates its position in Italy, where, through its Italian subsidiary, SIS, it has already been involved in building the Pedemontana-Veneta freeway, 145 kilometers long, with total investment of 2,500 million euros.

The Rome-Latina freeway is the final part of Lazio Major Bypass, which comprises the Sole, Cisterna-Valmontone, Rome-Latina and Orte-Civitavecchia freeways, bringing its infrastructure in line with European standards.

The project requires the construction of 78 viaducts and overpasses with a total length of 23,700 meters, 2 tunnels with a total length of 2,350 meters, 5 cut-and-fill tunnels with a total length of 1,425 meters, 17 link roads and three central toll barriers, among other infrastructure.

The average daily intensity (ADI) once operating is envisaged at 32,000 vehicles, whilst the income portfolio throughout the lifetime of the concession will reach 12,250 million euros. Revenue from the freeway will be via direct toll, with a mechanism for restoring financial equilibrium for the franchisee through tariff reviews.

The contract includes the construction of a system of freeways running for a length of 186 km (100 km of freeway and 86 km of secondary roads) made up of two sections:

• Stage 1:Rome-Latina section 68.3 km long, subdivided into: A12 Rome - Tor de'Cenci link road, and Rome 'Tor de' Cenci - Latina 'Borgo Piave' section..
• Stage 2: Cisterna - Valmontone connecting section, 31.5 km long

Sacyr 7th on the ranking of managers of transport infrastructure concessions in the world of Public Works Financing (PWF), with 35 distributed assets in eight countries (Spain, Portugal, Chile, Colombia, Italy, Ireland, Peru and Uruguay) in the sectors of freeways (over 3,600 kilometers), transport hubs, hospitals (over 2,200 beds) and a subway line.

Over the course of 20 years in business, Sacyr Concesiones has demonstrated its experience and technical expertise, along with its financial solvency with global investment amounting to 25,000 million euros. A specialist in greenfield projects in which it designs, finances, builds and manages assets.