Sacyr seeks to selectively expand the markets in which it operates and has set its eyes on the transport infrastructure concession program through public-private collaboration models that the Government of the Czech Republic has launched.
The Spanish company is analyzing the opportunities that the country offers both for the development of new highways and the future high-speed railway line, with investments that will total more than 30,000 million euros in the next decade.
Directors of the group chaired by Manuel Manrique have recently traveled to the Central European country to learn first-hand about the planned initiatives and explore possible partners and have identified the first actions that could be of interest.
In the field of highways, the Czech Republic has two projects on the exit ramp: the D35, with an estimated investment of more than 1,300 million euros, and the PRAK to the Václav Havel International Airport in Prague, for more than 1,000 million euros. euros. The first is the most advanced and includes the execution of the two remaining sections to complete the infrastructure between the towns of Hradec Králové and Olomouc, east of the capital Prague. Specifically, the contract will involve the sections between Opatovec and Staré Mesto, 16.6 kilometers long, and between Staré Mesto and Mohelnice, 18.2 kilometers long.
On the horizon, the Czech authorities are considering putting out to tender other relevant road projects, among which the Prague ring road stands out.
The Czech Republic awarded its first concession road project in 2021, D4, to a consortium led by the French firms Vinci and Meridiam. Its budget was close to 640 million euros.
In railway infrastructure, the Czech Government plans to carry out various sections of both the conventional network and the future high-speed line through a public-private collaboration project, for which it estimates an investment of 27,000 million euros in the next 10 years.
In the first case, it plans to launch the modernization of the Prague-Veleslavín-Václav Havel Airport section, including the construction of the Dlouhá Míle multimodal terminal and the new Prague-Liboc stop. The tender is scheduled to start before the end of the year and the authorities trust that it will open the door to the use of the public-private collaboration model for new sections, both of the conventional and high-speed network.
The most developed high-speed project is the RS 1 Brno-Ostrava-Rakvice. The routes RS 2 Brno-Breclav, RS 4 Prague-Dresden (Germany) and RS 5 Prague-Hradec Králové are also designed.
Sacyr thus seeks to enter the Czech Republic, a market that awakens the appetite of international investors for its political, legal and economic stability. A member of the European Union, although not of the euro zone (its currency is the Czech crown), the country has investment grade and per capita income that is registering significant growth. In addition, the country has a Concessions Law.
These conditions have already attracted other Spanish groups for years that have emerged as candidates for different tenders. OHLA has OHLA ZS, one of the largest construction companies in the country and which already competed in its day for the D4 concession.
Other Spanish groups with a presence in the country are also targeting the Czech concession plan, such as Ferrovial, through its Polish subsidiary Budimex, and ACS, through the German company Hochtief. The Czech train manufacturer Skoda also intends to use its country’s railway plan as an asset to seduce Talgo for an eventual merger. And facing the operation phase, Renfe could play its role through the local company Leo Express, acquired (50%) by the Spanish public operator in 2021.
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