Fri. Mar 22nd, 2019

The rescued highways lower their tolls by 30% and will be free at night from Tuesday

Las autopistas rescatadas bajan un 30% su peaje y serán gratis por la noche desde el martes



The tolls for eight of the nine broken freeways and rescatadas by the State next Tuesday 15 an average of 30% will go down and they will be able to circulate for free between them between 0.00 and 6.00 hours, some measures with which Fomento seeks to encourage their use and, therefore, raise the income generated by these routes.

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Additionally, users who pay with electronic devices (Tag) will benefit from bonuses of 18% in the case of light vehicles and 10% in the case of heavy vehicles.


Additionally

Users who pay with electronic devices (Tag) will benefit from bonuses of 18% in the case of light vehicles and 10% in the case of heavy vehicles






The new rates will take effect on Tuesday at the Madrid R-2, R-3, R-4 and R-5 radios, the M-12 (Airport Axis), the AP-36 (Ocaña-La Roda) and the sections of the AP-7 Cartagena-Vera and Circunvalación de Alicante.

After breaking the concessionaires that managed them, these toll roads reverted to the State between the months of February and May of last year and became dependent on the State Company of Infrastructure of Land Transport (Seitt), which will soon also assume the AP-41, which runs between Madrid and Toledo.

The Executive approved several legal changes so that Seitt can collect tolls on these highways once the concession contracts expire, as well as manage them until 2022. In parallel, it does not close the door to re-tender its management and maintenance, although it has not set deadlines nor estimated the amount of the tender.


It is applied in Madrid radials and sections of the AP-7

The new tariffs will take effect in the Madrid R-2, R-3, R-4 and R-5 radios, the M-12 (Airport Axis), the AP-36 (Ocaña-La Roda) and in the sections of the AP-7 Cartagena-Vera and the Circumvallation of Alicante

What should be fixed is the State's Patrimonial Responsibility (RPA) or what is the same, the amount that the State must pay the owners of the concessionaires, mostly funds that bought their debt, for the investment that was made in its day to build the roads and that was pending to be amortized when the concession contracts were settled in advance.





The Government estimates that the rescued toll roads and the associated road sections require investments of at least 317.6 million euros until 2022, both for their development and to deal with new actions arising from urban development.


Encourage their use

The Government estimates that the rescued toll roads and the associated road sections require investments of at least 317.6 million euros until 2022

In addition, it foresees that, thanks to the increase in traffic due to the reduction of tolls, the rescued highways, which will close 2018 with revenues of 77.5 million, will invoice 122.8 million in 2019 (58.4% more), 126.4 million in 2020, 129 million in 2021 and 131.6 million in 2022.

Due to the investments that must be made, the gross operating result (ebitda) will increase from 45.3 million in 2018 to negative balances of 19 million in 2019, of 12.9 million in 2020, of 7.4 million in 2021 and of 3.2 million in 2022.

Regarding the expected revenues for the service areas, a market is estimated after Repsol has expressed its disagreement to maintain the contracts it had in force with the concession companies.







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