Spanish infrastructure group Ferrovial has launched a new initiative to develop 5G smart roads and advanced monitoring, sensorisation and simulation technology.

Named AIVIA Orchestrated Connected Corridors (AIVIA), the new initiative has been launched in collaboration with Microsoft, 3M and Kapsch TrafficCom.

Various auto manufacturers and other technology companies are expected to soon join the initiative, the company said.

Ferrovial Information Systems and Innovation general director Dimitris Bountolos said: “This initiative offers a long-term vision for the development of orchestrated and connected corridors, as well as an immediate focus on physical improvements, increasing sensorisation and 5G / V2X connectivity in the corridor to increase road safety for the users and to support autonomous connected vehicles.”

AIVIA will implement high-speed technologies in mixed traffic to enhance the travel experience, focusing on safety, reliable travel times and access to infotainment from the vehicle.

As part of this project, the group will develop open solutions for connected corridors supporting conventional and autonomous vehicles.

Companies expected to be part of AIVIA will contribute by implementing digital and physical infrastructure and orchestrated solutions for roads of the future.

Microsoft Manufacturing & Infrastructures Industry manager Jose Maria de la Fuente said: “Microsoft’s participation in the AIVIA initiative is a great opportunity to execute on our mission of empowering every person and organisation to achieve more.

“Applying our latest Cloud technologies like IoT and data and AI solutions, our aim is to be the technology backbone of AIVIA for a better, connected and safer mobility.”

In November, Ferrovial, through its highway subsidiary Cintra, reached an agreement with existing shareholders to acquire an additional 15% stake in I-77 Mobility Partners (I-77MP).

I-77MP is the company developing and operating the I-77 Express Lanes project in North Carolina, US.

The deal is valued at $77.7m and includes deferred payment based on the asset’s performance in June 2024, which is estimated at $2.7m.