The A3 highway is a very relevant road in the south of Naples, since it connects the Vesuvius coast along 52 kilometers passing through Naples, Pompei, and Salerno.
The SIS consortium (Sacyr, 49%; Fininc, 51%) is in charge of the operation and maintenance of this brownfield project for a 25-year term, over which we are to perform construction works to modernize and improve the safety of several sections of the highway for €390 million.
The concession of the highway, for a period of 25 years, has an expected portfolio of €2.7 billion. The project has a limited demand risk, thanks to a mechanism that offsets variations in traffic revenue through rates.
The highway has an average daily traffic (ADT) rate of nearly 90,000 vehicles and an annual total of 1.69 million vehicles per kilometer (vehicles-kilometers traveled).