Plan to nationalise and toll Madrid’s loss-making free motorways

The Spanish Ministry of Development is considering nationalising the loss-making radial motorways in Madrid through state-owned company Seittsa. The plan would involve putting in place a toll-payment system to generate revenues to pay interests on debts and maintenance of the roads. The Ministry has already detected 600 locations where remote controlled payment systems could be installed in Madrid to charge those using the roads. The same plan includes a project to nationalise all motorways in Madrid at ris
July 2, 2012 Read time: 2 mins
The 6072 Spanish Ministry of Development is considering nationalising the loss-making radial motorways in Madrid through state-owned company Seittsa. The plan would involve putting in place a toll-payment system to generate revenues to pay interests on debts and maintenance of the roads. The Ministry has already detected 600 locations where remote controlled payment systems could be installed in Madrid to charge those using the roads. The same plan includes a project to nationalise all motorways in Madrid at risk of default: four radial roads, plus the AP-41 (Madrid-Toledo), and the M-12 (Airport Axis). Seittsa would pay a token US$1.25 for each of them and it would assume their debts. Radial No2 is being operated by 4419 Ferrovial and it has debts of over US$530 million, while radials Nos 3 and 5 are in the hands of Abertis and bear a debt of US$820 million. Radial no 4 is being run by Ferrovial and 6074 Sacyr and has a debt of US$700 million. Moreover, Isolux, Comsa and Azvi operate the AP-41 and it has filed for administration after registering US$462 million debts, and the M-12, which is run by 6073 OHL, recorded US$350 debts.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Kapsch looks to the future
    December 16, 2014
    Colin Sowman reports from a two-day meeting where industry leaders, academics and political advisers presented their thoughts on the future of mobility. Most governments do not dare to introduce tolling systems… they are too frightened.” So said Georg Kapsch in his capacity of chief operating officer of Kapsch TrafficCom, during a forward-looking press event at the company’s headquarters in Vienna.
    Read More
  • ASECAP examines tolling’s trials, tribulations and triumphs
    September 4, 2018
    If you want to get up to speed on the main issues facing the transport sector and tolling companies, ASECAP Study Days event in Ljubljana was a good place to start. Colin Sowman reports (Photographs: Louis David). Increasing populations, ever-higher technical and safety requirements, and electric and hybrid vehicles will provide both challenges and opportunities for tolling companies. The annual Study Days event organised by ASECAP (the European association for tolling companies) examined all of these aspec
    Read More
  • Tolling is still stuck on the sidelines says ASECAP speaker
    August 19, 2015
    Geoff Hadwick attended ASECAP’s 2015 Study Days meeting in Lisbon and found a frustrated European tolling sector undertaking some soul searching. The international road tolling industry its failing to make it case and the sector is losing out to a range of other socio-political lobby groups according to International Bridge, Tunnel and Turnpike Association (IBTTA) chief executive Pat Jones. Speaking at the recent 2015 ASECAP Study Days conference in Lisbon, Jones issued a stark warning: “Tolling is still o
    Read More
  • FTA disappointed at Dartford free-flow toll delay
    September 22, 2014
    ‘The delay of the introduction of free-flow tolls at Dartford River Crossing disappointing as it may present additional costs to industry’ is the message from the Freight Transport Association (FTA). The Association has voiced its concern in response to the announcement by the Highways Agency (HA) that the planned technology to allow motorists to use the crossing without having to stop at barriers and pay is to be delayed by up to four weeks. Originally planned to be in place by the 28 October 2014, th
    Read More

Highlighted Content