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

  • Success of toll road operators' conference
    July 12, 2012
    The 37th ASECAP Annual Study and Information Days held in Krakow, Poland, gathered some 300 road transport CEOs, experts and government decision-makers making the event "a huge success." Patrick Smith reports Toll road operators from across Europe have met to discuss the state of their businesses in the current economic climate and how to tackle it. Fabrizio Palenzona, the outgoing President of ASECAP (the European professional Association of Operators of Toll Road Infrastructures) and president of AISCAT (
    Read More
  • Slovakia’s troubled D1 highway
    February 20, 2012
    Slovakia’s Ministry of Transport is to finance construction work on the 75km section of D1 highway between Martin and Presov from state funds, with work expected to start in the second quarter of 2011.
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • ASECAP: Cooperation needed for better toll-road risk management
    May 31, 2017
    Toll operators must offer a level of service for which drivers are prepared to pay because in many cases, drivers have alternative free-use routes. Incentives to attract drivers onto toll roads must include shorter and reliable journey times as well smooth and trouble free travel – all at an affordable price. Private companies running toll roads face the same difficulties as any other commercial entity, in particular financing construction before any toll revenue can be collected. Hardly surprising that fin
    Read More

Highlighted Content