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Summary. Motorways, more profitable than luxury and construction? On June 20, Economy Minister Bruno Le Maire announced possible taxation of motorway companies. Regularly singled out for their record profits, motorway concession companies earned €3.9 billion in profits in 2021, 11% more than in 2019. Since February 1, 2023, they have also increased their prices by 4.75%.
Previously managed by the State and local authorities, French motorways were privatized in 2006, under the impetus of the Prime Minister at the time, Dominique de Villepin. This privatization was supposed to save the state billions of euros. In reality, the contracts are especially advantageous for concession companies such as Vinci or Eiffage.
For Code Source, Matthieu Pelloli, automotive specialist in the economy department of Le Parisien, and Sébastien Lernould, who heads this service, tell the story of the privatization of motorways in France.
Credits. Managing editor: Pierre Chausse, Editor-in-chief: Jules Lavie, Reporter: Ambre Rosala, Production: Raphaël Pueyo, Clara Garnier-Amouroux, Emma Jacob and Julia Paret, Production and mixing: Julien Montcouquiol, Music: François Clos, Audio Network, Archives: Public Sénat, AFP, France 2, France 5, Europe 1.
About Source Code. Code source is Le Parisien's daily news podcast. Stories told by the journalists of the editorial staff or by those who have lived them directly. An appointment led by presenter Jules Lavie and reporter Ambre Rosala, to be found from Monday to Friday from 18 p.m. on LeParisien.fr or on the main listening platforms.
Comments? Email us at codesource@leparisien.fr or call us out on Twitter (@codesource
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