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Sacyr to expand the PY02 route concession (Paraguay) by €163 million

  • New access points represent a historic transformation in terms of mobility for the capital, Asunción, and mark the construction of the city’s first rapid access system.  
  • The expansion of Route PY02 will significantly improve connectivity, reduce travel times, and enhance the quality of life for more than one million people entering Asunción.

The Paraguayan Ministry of Public Works and Communications has signed an addendum to the PY02 Route concession with the Rutas del Este Special Purpose Vehicle, led by Sacyr Concesiones (60%) and Ocho A (40%), which will expand the Route to improve connectivity between the capital, Asunción, and the interior cities. With this addendum, the company will invest an additional USD 180 million (EUR 163 million).  

The project consists of a structuring highway system, which includes major works, such as the  Variantes de Ypacaraí - Areguá and a 3.6-km elevated urban highway with two carriageways and four lanes that will connect Ñu Guasú and Silvio Pettirossi Avenues, in addition to two new connections to the PY02 Route, which are essential for improving access between the capital and the interior:

  •  The first connection begins at kilometre 41 of Route PY02 and improves accessibility through Ypacaraí, Patiño, Areguá, and Luque. 
  • The second connection begins at kilometre 43 and will improve accessibility via San Bernardino.

Both corridors will be fully integrated to establish a more efficient system by which to enter and exit the metropolitan area.  

Large-scale urban intervention

“This is the largest urban intervention project in Paraguay’s history. It will have a major impact nationwide and reaffirm the role of Asunción as the political and economic heart of the country”, said the president of Paraguay, Santiago Peña, at the contract signing ceremony. 

The new highway system will benefit seven cities: Asunción, Luque, Areguá, Ypacaraí, San Bernardino, Nueva Colombia, and Emboscada. 

Rutas del Este

Full operation of Route PY02 (151 kms) began in June 2023. This roadway runs from kilometre 36 in the city of Ypacaraí to kilometre 187 in the town of Caaguazú.

The Rutas del Este consortium was awarded the concession to duplicate and expand Route PY02, which required an investment of roughly USD 520 million. This is one of the most important roadway projects in the Eastern Region and the first in the country to be executed as a Public-Private Partnership. 

The corridor impacts 11 municipalities in three of Paraguay’s departments. The concession encompasses the design, financing, maintenance, and operation of the roadway over a 30-year period.  

SIS signs P3 contract for new Turin Health Complex in Italy

  • SIS, a consortium comprising Fininc and Sacyr, will design, build, and operate the new healthcare facility under a 25-year concession, requiring an investment of €517 million.
  • The complex will feature a 1,040-bed hospital, a 5,000 sqm university campus, and 1,500 sqm of retail space.
     

The consortium led by SIS (Fininc and Sacyr), has signed the contract for the Parco della Salute, della Ricerca e dell'Innovazione di Torino (Turin Health, Research and Innovation Park) P3 project, a multifunctional complex that will include a new hospital and a university campus. The planned investment exceeds €517 million and the construction timeline is five years.

This contract was awarded in October 2024 by Azienda Ospedaliera Universitaria Città della Salute e della Scienza di Torino, a Piedmont Region government institution. The contract has a total span of 30 years and will be delivered by the P3 consortium formed by SIS (90%) and ABP Nocivelli (10%). The P3 contract includes the design, construction, financing, concession and maintenance of the hospital and covers the maintenance of the structural and architectural elements, the mechanical and electrical systems and the management of the commercial areas.

A benchmark facility

This project will become a medical and scientific reference facility in Italy and its strategic location in the south of Turin will serve around 300,000 people. 

The new complex will feature four interconnected blocks, that will house the current health facilities making up the City of Health: La Molinette, the CTO and the Sant'Anna Hospital. It will host clinical, preclinical, and translational research, and provide academic spaces for teaching activities, including degree programs in medicine and healthcare professions.

Key features of the project include:

  • 1,040 beds
  • 19 operating rooms
  • 175,000 sqm of hospital surface + 64,000 sqm of underground parking
  • 5,000 sqm of training areas
  • 1,525 sqm of commercial areas

Italy, a strategic market

Italy is a priority market for Sacyr, in which, through the SIS consortium, the company holds P3 contracts for the Pedemontana-Veneta highway, the A-3 Naples-Pompei-Salerno, the A-21  and A-5 in Turin and the Via del Mare A4 Jesolo connection.

The company currently has a portfolio of P3 projects under management valued at €28.8 billion. Sacyr's strategic ambition for 2033 is to become a world leader in the development of transportation, social and water infrastructures.

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Sustainalytics

As of January 2025, Sacyr is the most sustainable company in the infrastructure and construction sector in Spain, according to the Sustainalytics ESG Risk Rating, falling in the following *positions:

- No. 1 in Spain, for the fourth year in a row, in the Construction and Engineering sector.

- No. 4 in Europe, Construction and Engineering sector.

- No. 6 internationally, Construction and Engineering sector.

- No. 1 by market cap among sector companies in the €2.4bn - €2.7bn range.

This rating issued by Sustainalytics, subsidiary of Morningstar, evaluates the sustainability performance of more than 15,000 companies worldwide. The "low risk" rating awarded demonstrates the company's good practices in mitigating Environmental, Social and Corporate Governance risks. 

In addition, a brief summary of the report is available to download below.

*Among the companies analyzed under the “comprehensive” methodology.

  • Results

Q1 2025 Results Presentation Announcement

The company announces call notice of the Q1 2025 results presentation.

The results presentation will be held on Wednesday, April 30th 2025, at 12:00h (CEST).

You can follow the audio-webcast stream in real time on this link.

Featured projects

DEPARTMENT OF STRATEGY, INNOVATION AND SUSTAINABILITY OF SACYR, S.A.

Calle Condesa de Venadito, 7, 28027, Madrid

In 2023 we have improved our key economic and operational performance indicators. In addition, we have achieved a drastic reduction in recourse net debt.

We remain leaders in the top ESG ratings for yet another year.

KEY FIGURES

KEY FIGURES

€4.6 M

TURNOVER

SACYR GROUP PERFORMANCE IN 2023

+93%

EBITDA from P3 assets

STANDARD & POOR’S

69 points

We have been included in the S&P Sustainability Yearbook 2024. We also received the Industry Mover badge”

MSCI

“A” score

in its “Construction & Engineering ESG Rating”

SUSTAINABLE INVESTMENT

Sustainable Financing

We launched our first Sustainable Financing Framework.

MSCI

Calificación “A”

en la categoría “Construction and Engineering”

In 2023 we continue to make progress towards the fulfilment of our 2021-2025 Strategic Plan, reinforcing our focus on the P3-driven business model, hand in hand with a firm social and environmental commitment and making innovation the driving force for the transformation of our activity.

INNOVACIÓN

STRATEGIC VISION

Since 2021 Sacyr has cemented its position as a solid and reliable company with a clear vision of the future that promotes best practices in the sector, responding to the needs and demands of our multiple stakeholders.

SACYR SUSTAINABLE ACTION PLAN

The 2021-2025 Sacyr Sustainable Action Plan is structured around four ambitions (Planet Ambition, Team Ambition, Positive Impact Ambition and Ambition at the Highest Level), plus a fifth, crosscutting ambition: Sustainability Culture. Each of these ambitions entails specific goals

SDGs

We are aligned with United Nations’ Sustainable Development Goals (SDGs). Through our activity and initiatvies, we aim to achieve the targets established in the SDGs.

MATERIALITY ANALYSIS

In 2023, the “Climate change and energy efficiency” topic is still the most important aspect, along with “Ethics, compliance and integrity in business” and “ Safety, health and well-being at work”.

We are a global infrastructure group listed on the IBEX 35 benchmark index of the Spanish stock exchange. We have two strategic businesses: Sacyr Concesiones Sacyr Engineering and Infrastructure.

Our strategic approach underpins the company’s stability and soundness through the development of long-term projects in consolidated markets.

SACYR CONCESIONES SACYR ENGINEERING AND INFRASTRUCTURE

ABOUT US

3rd

Largest transportation P3 company in the world

PRESENT IN

+20

countries

BUSINESS MODEL

26

remaining years of life of our assets

BUSINESS MODEL

69

P3 assets

SACYR INGENIERÍA E INFRAESTRUCTURAS

+6.000

kilómetros de autopistas y convencionales

Sacyr helps improve the quality of life of the people in the communities where we are present.

The Sacyr Foundation, created in 2008, enables us to maximize the real, positive impact of the Group’s activities by means of social, innovation and volunteering initiatives that benefit society and the environment.

SACYR FOUNDATION

SOCIAL VALUE

+€ 900K

social investment

SOCIAL VALUE

+70

partnership agreements with third sector entities

SACYR SOCIAL FOOTPRINT

+11,000

volunteer work hours

SACYR SOCIAL FOOTPRINT

€3,608 M

economic value generated

CADENA DE SUMINISTRO

+51.000

horas de formación ESG a nuestros proveedores

CADENA DE SUMINISTRO

98%

proveedores locales

At Sacyr, fostering talent is one of the main levers of our Strategic Plan. We want to be a benchmark employer and attract top-performing professionals.

Sacyr offers a wide range of benefits focused on physical and mental well-being and financial wee-being, as well as different measures to balance their family and personal lives.

#SacyrOnCourse

HEADCOUNT

+16,000

employees

PROFESSIONAL DEVELOPMENT

297,386

training hours

DIVERSITY, EQUITY AND INCLUSION

24%

women in leadership positions

HEALTH & SAFETY

+64%

covered by ISO 45001

DIVERSITY, EQUITY AND INCLUSION

We are the first company in Spain accrediting

ISO 30415

for our Diversity and Inclusion Management

We featured on CDP’s “A List” for the second year in a row in the climate category, obtaining a double “A” rating for our work against climate change and for water protection and safety.

We published our Natural Capital Report for the first time in line with the Taskforce on Nature-related Financial Disclosures (TNFD) guidelines.

ENVIRONMENT

WATER

+14%

of the water generated in desalination plants to agriculture

CLIMATE CHANGE

-15.29%

Scope 1 + 2 emissions

WATER

1.1 M m3

drinking water we avoided to capture

SUSTAINABLE CITIES

487

Low-emission vehicles (ECO + ZERO) in our fleet

CIRCULAR ECONOMY

19%

recycled materials

NATURAL CAPITAL

1.7M

plants and trees planted in the last 3 years

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