World news – EN – The state has quietly authorized the privatization of national roads – en.

A decree published this summer in the Official Journal ratified the conditions which will allow sections of national roads to be ceded to the private sector

Fifteen years after the privatization of the highways, the French state is back According to a decree published on August 14 in the Official Journal, a decree will classify “certain sections of roads in the category of highways” It’s hard not to see it as a gift to concession companies

According to information reported by Le Monde, this is in fact an implementing decree for the mobility orientation law (LOM) which dates back to December 2019 This ratifies the possibility of ceding kilometers of French national roads to the private sector. The market between the State and the private concession companies is based on an exchange of good practices, apparently The private sector is responsible for maintaining sections of roads and investing; in exchange, the State extends the contracts of these large groups An extension for which the senators voted in favor Indeed, according to information reported by Le Monde, they conducted an investigation for eight months The report of the latter was published this Friday, September 18, and it is final: the highways will report an “extraordinary profitability” of 40 billion euros by 2036 According to information reported by Public Senate, the report underlines that “beyond 2022, dividends paid would reach around 40 billion euros, including 32 billion euros for Vinci and Eiffage, compared with the costs of acquiring companies” Public Senate recalls that they only paid “22.5 billion euros to acquire full control” Superprofits that will prosper with this decree

alber3

– 09/21/2020 at 5:55 p.m.
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I can smell the scam, I don’t know where, but it is there!
The large groups would maintain the Nationals, without a juicy counterpart?
Their goals are profit and nothing else, so they will quickly find a solution!

raspberry69

– 09/21/2020 at 4:04 p.m.
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Wrong title and comments too !! Do not follow the comments and headlines of the well-meaning press! Quite the contrary: the state no longer has the means to maintain portions of national roads and therefore wants to force the motorway companies to do it for it. Confiscation of their profits It was already the same for the passages “for the conservation of species” made by these same companies. When the price of tolls: it is set by the state and not by the motorway companies, do not forget in addition the 20% VAT

kagam3

– 09/21/2020 at 3:49 p.m.
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thier1

– 09/21/2020 at 3.20 p.m.
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Sato

– 09/21/2020 at 3:12 p.m.
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yvesd3

– 09/21/2020 at 5:35 p.m.
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if there were only senators, it is not the game that is missing, one elected for 120 inhabitants;

Sato

– 09/21/2020 at 3:14 p.m.
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Sato

– 09/21/2020 at 3:06 pm
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kagam3

– 09/21/2020 at 2:51 p.m.
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phidias

– 09/21/2020 at 2:43 p.m.
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Crazy taxation, endless immigration, subsidies to migrants, free healthcare for the whole world, and now the privatization of national roads for the benefit of rascal buddies From the loathsome breed of being French cash cow of the ruling oligarchy

Christopher Nolan’s new film Tenet was expected as the Messiah by theaters If it does not fully fulfill its artistic mission …

Privatization

World news – EN – State quietly authorized privatization of national roads – en.

Source: https://www.valeursactuelles.com/economie/letat-discretement-autorise-la-privatisation-de-routes-nationales-123833