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We have already put 60 kilometers of the Pedemontana-Veneta highway into service

The group’s biggest asset is more than 94% complete

  • Smart Tolls
  • Highway
  • Italia
  • Italia

The Pedemontana – Veneta highway (Italy) is close to completion, at 94% progress, after having opened to traffic the 35-kilometer fourth stretch of the highway, which goes from the Bassano Ovest toll to the Montebeluna toll.

SIS consortium (51% Fininc and 49% Sacyr), responsible for the highway’s design, construction, funding, operation, and maintenance has put 60 kilometers of the main axis are now operational along with 68 km of secondary roads. The new stretch provides continuity to the other sections already in service, and includes 12 artificial galleries with a total length of 3,400 meters: Trevignano (750 m), Ca’ Dolfin, Cassola (730m), Loria Mussolente (330 m), Torrente Viazza, Altivole (490 m), Noaje, San Pietro, Zilio, Brentella, Caravaggio and Via Feltrina.

A strategic asset

The Pedemontana-Veneta highway is one of the most relevant infrastructures underway in Italy, and one of the most important in Sacyr’s portfolio, with a scheduled investment of 2.6 billion euros and a 12 billion euro revenue portfolio, approximately.

The project calls for 162 km of construction: 94 km correspond to the main highway, which connects 34 municipalities and the industrial area of Vicenza and Treviso, and 68 km correspond to secondary access points. The roadway will include two tunnels, Malo (6 km) and S. Urbano (1.5 km), in addition to eight viaducts.

The highway is part of the European TEN-T and is considered a strategic asset of national importance, as it is located between the existing A4 and A27 highways, traversing the Veneto region and passing through the provinces of Vicenza and Treviso.

The initial estimate of daily traffic for the entire highway is 27,000 vehicles, 20% of which is expected to be heavy traffic.

 

 

Award-winning funding

The highway’s construction funding was provided by Europe’s largest bond issue for a greenfield project, totaling EUR 1,571 million euros. This bond issue has received four prizes: the 2017 Project Finance International prize in the category of Best European Operation in the field of Transport Infrastructure; Best European Public-Private Project at the 2017 Infrastructure Investor Awards; Best European Funding of a Road Project at the 2017 IJ Global Awards; and the TFX Transport Project Finance of the Year award.

 

 

  • Smart Tolls
  • Highway
  • Italia
  • Italia
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