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

  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More
  • Major highway project planned for Morocco
    January 10, 2013
    Work on a new 172km highway is underway in Morocco. Financing worth US$706.7 million is being budgeted for the new highway, which will connect Berrechid-Beni with Mellal. The new highway will have two toll booths and three rest areas. The project is due for completion in 2014, with the first stretch in the Tadla-Azilal area expected to open to traffic June 2013. The new highway is a key link in the Moroccan Government’s planned road network for the country. This is aimed at ensuring all towns and villages i
    Read More
  • A new Indian cable-stayed bridge will improve transport connections
    March 2, 2015
    A major new cable-stayed bridge is being constructed in India - Partha Bratim Basistha reports. In India the construction of a major cable-stayed bridge is underway that will boost connections from capital Delhi to its surrounding areas. The bridge is being built in a bid to ease growing interstate traffic movement between Delhi and the surrounding North Indian states of Punjab, Uttar Pradesh, Haryana and Himachal Pradesh. Named Signature Bridge, this is a landmark structure due to its design aesthetics and
    Read More
  • Regional European Electronic Toll Services (EETS) boosted by €2.2mn EU co-funding
    February 4, 2014
    The European Union is set to co-finance with over €2.2 million from the TEN-T Programme a series of studies aiming to help realise the European Electronic Toll Services (EETS) on a cross-border regional scale. The studies, selected for funding under the 2012 TEN-T Multi-Annual Programme, specifically cover the electronically tolled primary road network of seven Member States (Austria, Denmark, France, Germany, Italy, Poland and Spain) plus Switzerland (receiving no EU support). It aims to deploy EETS on th
    Read More

Highlighted Content