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Related: About this forumEnd of the road for Spanish motorway
http://www.euronews.com/ The AP-41 motorway linking Madrid and Toledo has gone bankrupt as Spanish motorists steer clear of toll-roads to save money.
There are 21 companies running privately-owned roads in the country.
Nine motorway concessions are in serious financial trouble.
Government figures show daily usage of toll roads has plunged by 28 per cent. In the first quarter of this year, the average number of cars using them was on a level last seen 14 years ago.
Central government has already propped up struggling concessions with more than half a billion euros.
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Privatization of infrastructure - Genious!
madrchsod
(58,162 posts)i think there`s another spainish company that owns the indiana toll road.
spain is in deep ,deep trouble
waddirum
(976 posts)The company the ultimately owns Chicago's street parking spaces is from Dubai.
They_Live
(3,222 posts)the Toll roads in Texas, which are failing to meet their estimated income (yet more of them continue to be built). I refuse to ever drive on one.
madrchsod
(58,162 posts)tama
(9,137 posts)leveymg
(36,418 posts)"The right crowd and no crowding."
marble falls
(56,359 posts)dembotoz
(16,739 posts)shocked i tell you
shocked
formercia
(18,479 posts)Starve the Beast
Where have I heard that before?
DeSwiss
(27,137 posts)...of free enterprise slaps another stupid idea upside its head!
- So if the government of Spain (we the people) are helping to ''save'' these private toll roads by giving them cash so they can make ends meet, at what point does that make these roads public? I mean it seems now that the people are paying for these ''private roads'' whether they use them or not.
K&R