On Friday Spain's cabinet, the Council of Ministers, acknowledged the opening of proceedings to terminate the concessions for eight of the nine insolvent toll motorways.
The concession contracts relate to the following motorways: R-3 Madrid-Arganda and R-5 Madrid-Navalcarnero; R-4 Madrid-Ocaña; R-2 Madrid-Guadalajara; M-12 Madrid-Aeropuerto de Barajas; AP-36 Ocaña-la Roda; the section of the AP-7 between Cartagena and Vera; and the Alicante Ring-road. Termination proceedings have yet to be opened in relation to the concession for the AP-41 Madrid-Toledo motorway, which has not yet entered into liquidation.
In addition, the Council of Ministers has authorised the Government's delegate in Sociedades Concesionarias de Autopistas Nacionales de Peaje to establish a number of provisional measures aimed at setting the date on which Sociedad Estatal de Infraestructuras Terrestres (Seittsa), the agency dependent on the Development Ministry responsible for the state's land-based infrastructure, will take over the management of the motorways in liquidation.
Seittsa will immediately take over the temporary management of the R-4 Madrid-Ocaña motorway; from 1 April it will take charge of the section of the AP-7 motorway between Cartagena and Vera, and the Alicante Ring-road.
The Spanish Government has plans for Seittsa to re-tender the rescued toll motorways at the end of 2018
The intention is that Seittsa will take control of the nine insolvent toll motorways rescued by the Government, to re-tender them at the end of the year.