Italian highway projects advancing

Two key highway projects in Italy are exhibiting good progress at present. Construction work on the new Brescia-Milan highway link is now more than 50% complete. The bridges crossing the Serio, Adda and Oglio rivers are 84% complete, while the underpasses and drainage is 49% ready. Service stations, surveying and foundation work is 40% complete while the remaining operations are progressing. Italian road construction firm Brebemi believes that the highway be will be complete and open to traffic by 31 Decemb
December 17, 2012 Read time: 2 mins
Two key highway projects in Italy are exhibiting good progress at present. Construction work on the new Brescia-Milan highway link is now more than 50% complete.

The bridges crossing the Serio, Adda and Oglio rivers are 84% complete, while the underpasses and drainage is 49% ready. Service stations, surveying and foundation work is 40% complete while the remaining operations are progressing. Italian road construction firm Brebemi believes that the highway be will be complete and open to traffic by 31 December 2012. The €2.4 billion financing agreement is being provided by a group of banks is expected to be finalised by November 2012. Meanwhile a loan from the 1054 European Investment Bank (EIB) worth €500 million has been granted to Italian highway operator  3623 Autostrade per l'Italia (ASPI). The first €250 million tranche of the loan will be used to develop the A1 tolled highway running from Florence-Bologna. The sum will be used for work on the Firenze Nord - Barberino del Mugello stretch of the highway. The A1 is one of Italy's main highways, forming part of the Transeuropean Transport Networks (TENs) Corridor 1.

For more information on companies in this article

Related Content

  • Polish projects lined up
    July 3, 2012
    The Polish authorities are calling tenders for eight sections of a delayed stretch of the A1 highway. The 180km section is between Strykow to Pyrzowice and the tenders will be for design and construction work. The project is worth €1.8 billion and the contracts are expected to be signed in September of this year, with construction commencing in the second half of 2011 and due for completion in 2014. Meanwhile, over €84 million is being invested on a ring road construction project around Przemysl. Approval h
    Read More
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
    Read More
  • Bosnia invests in roads and highway construction
    May 15, 2012
    The Government of Federal Bosnia & Herzegovina plans to invest e5.5 billion in building roads, highways and new energy projects. To achieve this programme a new consortium will be set-up to secure part of the necessary capital, while part will be financed by strategic partners. The authorities are also working on plans for construction of the Corridor 5c highway.
    Read More
  • Serbia highway projects moving ahead
    September 30, 2016
    Progress is being seen in Serbia with regard to some of the country’s key highway projects. The Ljig-Preljina stretch of the Corridor 11 highway will open for traffic at the end of October 2016. The highway route will be tolled but these will not be implemented until the start of 2017. Plans are also moving ahead for the ring road project for the capital, Belgrade. Meanwhile talks are being held with the European Investment Bank (EIB) over the new highway link to run from Nis, through Merdare and over the b
    Read More

Highlighted Content