Atlantia CEO Characterizes US Toll Road Market as “Immature” and “Fragmented”

Financial Times reports, “The chief executive of Atlantia, one of the world’s largest toll road operators, has branded the US industry immature, fragmented and vulnerable to political interference, in a sign of the barriers to investment in the sector. Giovanni Castellucci said Atlantia — whose core business involves operating toll-based motorways in Italy, Brazil, Chile, India and Poland — saw no ‘big opportunities’ in the US because of its concerns.” The report adds, “Mr Castellucci accused public authorities in the US of failing to provide toll operators with appropriate conditions in which to flourish.”