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Motorways: soon the end of privatization? News from Auto Plus in your smartphone News from Auto Plus in your mailbox

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Motorways: soon the end of privatization?  News from Auto Plus in your smartphone News from Auto Plus in your mailbox

As we know, motorways are very profitable for the companies that manage them, such as APRR, Vinci or even SANEF. And it is more and more often, because the prices are increasing every year. Different companies have the right to transfer up to 70% of the inflation rate on tariffs, and they obviously do not hesitate to do so. All to the detriment of motorists, who then pay more and more. A new record was also broken at the start of the year, with an absolutely incredible increase of 4.75% on average across France’s motorway network. And with some it is very difficult to pass.

Close dates

In addition to motorists bearing the brunt of these increases, some senators are also getting in on the act. Among them is Vincent Delaé, who recently spoke on the subject in Marianne’s columns. And the latter has, to put it mildly, a radical solution, while he simply explains that ” the state can stop Vinci’s concessions [ASF et Escota] from July 14“. He goes on to say that it would also be possible for “ another major player in the sector, Eiffage, which operates the APRR network […] at the end of 2024“. Dates that correspondprofit goal different companies.

Before renationalization?

As the senator reminds, the state is ” has the right to terminate concession contracts unilaterally and without compensation once this rate of return, estimated at 7.67%, according to the report of the General Inspectorate of Finance, is reached. After that, the highways could become the property of the state, which would take over their management. For its part, the government says it is studying ” all solutions for reducing the duration of motorway concessions“.

Author: Mary Lizak
Source: Auto Plus

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