Italian Council of State ratifies P3 contract award to SIS over 320 km of roads

  • SIS (Fininc and Sacyr) was already awarded this contract over five stretches under a P3 scheme in the Turin region in 2021.
  • Already in operation, the infrastructure calls for an investment close to €800 million and is expected to generate €2.9 billion in backlog over the 12-year period of the concession, with a total turnover of €3.7 billion.
  • Sacyr secures a new P3 project in Italy, a strategic home market for the company.

The Italian Council of State has confirmed SIS (Fininc and Sacyr) as the selected proponent for the operation and management of the Italian A21 Turin-Alexandria-Piacenza and A5 Turin-Ivrea-Quincinetto highways, the connecting highway A4/A5 Ivrea-Santhià and Turin’s Beltway Highways System (Sistema Autostradale Tangenziale Torinese, SATT) and the Turin-Pinerolo stretch. These roads, already in operation, add up to 320 km in total.

This contract, awarded by the Italian Ministry for Infrastructures and Transport in June 2021 has been now ratified by the Italian Council of State. 

The project is expected to generate traffic revenues higher than €2.9 billion over the 12-year period of the concession. This Design Build contract includes improvement works on the road sections with an estimate investment of €800 million.  

These road networks are considered strategic for connectivity in Northern Italy, as they connect Turin to other large cities in one of the country’s most industrialized areas. 

Overall, these road infrastructures have an estimated average daily traffic of close to 33,000 vehicles.

Growth in Italy

Italy is a strategic home market for Sacyr. Through SIS, the group operates the Pedemontana-Veneta and the A3 Naples-Pompei-Salerno road P3s.

Sacyr Concesiones is an industry benchmark in infrastructure development and is ranked 3rd in PWF’s World’s Largest Transportation Developers ranking.

The company currently manages a diversified global asset portfolio valued at €3,000 million

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