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Autostrade del Lazio has awarded the construction and concession of the 186 Km long Rome - Latina highway in Italy to Sacyr's Italian subsidiary, SIS.
The project has an envisaged investment of €2,800 million (US$3,100 million) and a concession period of 43 years.
This project means Sacyr Concesiones consolidates its position in Italy, where it has already been involved in building the Pedemontana-Veneta freeway, 145 kilometers long, with total investment of €2,500 million (US$2,800 million).
The Rome-Latina freeway is the final part of Lazio Major Bypass, which comprises the Sole, Cisterna-Valmontone, Rome-Latina and Orte-Civitavecchia freeways, bringing its infrastructure in line with European standards.
The project requires the construction of 78 viaducts and overpasses with a total length of 23,700 meters, 2 tunnels with a total length of 2,350 meters, 5 cut-and-fill tunnels with a total length of 1,425 meters, 17 link roads and three central toll barriers, among other infrastructure.
The average daily intensity (ADI) once operating is envisaged at 32,000 vehicles, whilst the income portfolio throughout the lifetime of the concession will reach €12,250 million (US$13,550 million). Revenue from the freeway will be via direct toll, with a mechanism for restoring financial equilibrium for the franchisee through tariff reviews.
The contract includes the construction of a system of freeways running for a length of 186 km (100 km of freeway and 86 km of secondary roads) made up of two sections: