The Government estimates the rescue of eight highways that went bankrupt in the crisis at 1,000 million euros

It is the amount of subtracting from the works and expropriations the investments that the infrastructure still requires, the compensation and future payments.

One of the toll roads rescued by the Government.

The Government has calculated a cost, in some cases still provisional, of 1,021 million euros for the rescue of eight of the nine highways that went bankrupt due to the 2008 financial crisis and which the State currently manages. Most are located in the Community of Madrid.

These are, in particular, radial 3 and 5 (built under a single company formed by Abertis, Sacyr, ACS Y Bankia), 4 (Ferrovial and Sacyr), M-12 (OHL), AP-41 (Isolux Corsán, Comsa, Sando Y Azvi) and AP-36 (Ferrovial, Europistas Y Budimex). Also the AP-7 (Globalway Y Ploder) on the Alicante ring road and between the municipalities of Cartagena (Murcia) and Vera (Almería).

The 1,000 million euros are the amount resulting from subtracting from the cost of the works and of the expropriations the investments that the infrastructure still requires, the compensation paid for expropriations and the amounts necessary for the Administration to take charge of future payments.

The amounts have been calculated by the Ministry of Transport, Mobility and Urban Agenda. This is the so-called Patrimonial Responsibility of the Administration (RPA), which It is the amount that the State must pay to the concessionaires of the roads for the investment made in their construction that they had not yet amortized.

The most expensive rescues are precisely those of the roads located outside of Madrid, as is the case of the AP-36 Ocaña-La Roda (Albacete), which amounts to 320 million euros, although the State has already paid 411 million in a first provisional resolution; that of the Alicante Ring Road, which amounts to 308 million; and that of Cartagena-Vera, of another 283 million euros.

Already in Madrid, the cost of rescuing Radials 3 and 5, designed to decongest traffic on the Valencia and Extremadura highways, amounts to 119 million; that of the AP-41 to Toledo to 53 million; and that of the M-12 to Madrid Barajas Airport at 46 million euros.

For the moment, that of the R-4 is zero euros, given that the amount retained by the Executive to face future payments is higher than the real cost of the infrastructure. For its part, the ninth highway, the R-2, built by Abertis, ACS, Acciona and Globalvía), has not yet obtained its RPA.

Maximum stop

All contracts were terminated by an agreement of the Council of Ministers in July 2018, ordering the Ministry of Transport, Mobility and Urban Agenda to process the settlement file. That year, the State Society for Land Transport Infrastructures (Seittsa) took over the operation of these roads.

In total, the bill that the rescue of the nine toll roads that went bankrupt during the crisis will mean to the public coffers may not exceed 3,305 million euros, according to the formula that the Government approved in the Council of Ministers and that was published in the Official State Gazette (BOE).

For their part, the investment funds that assumed the financial debt of 3,700 million euros that supported the nine highways defend that the provisional invoices calculated by the Government “do not comply with the law”, since they estimate costs that the State has already charged previously.