Key road deal for Italy

A joint venture comprising Impregilo and Astaldi is to handle a key road upgrade contract in Italy. The deal is worth some €791 million and will be carried out over a period of 92 months.
March 22, 2012 Read time: 1 min
A joint venture comprising 3149 Impregilo and 1324 Astaldi is to handle a key road upgrade contract in Italy. The deal is worth some €791 million and will be carried out over a period of 92 months. The project involves improvements to a 38km section of the Jonica National Road.

For more information on companies in this article

Related Content

  • Strabag wins Polish road contract
    September 17, 2018
    Austrian contractor Strabag has won a stake in a design and build road contract in Poland. The project is worth a total of €133 million and involves building a section of highway carrying three lanes in either direction. The firm will work on the project to build another stretch of the A1 highway in Poland. The 17km long Section C begins at the Kamieńsk junction and ends at Radomsko, where the construction of a motorway interchange forms part of the order.
    Read More
  • Key Botswana road network gets an upgrade
    June 30, 2014
    Representing an investment of around US$113 million, Botswana’s A1 national road between Tonota and Francistown is undergoing a major upgrade This single-lane section is being progressively transformed into a north- and southbound dual carriageway, crossing four existing river bridges along the way. A strategically important transportation route for both Botswana and the southern African region, the A1 passes through Francistown, the nation’s second largest city, heading northwards to end at the Zimbabwe b
    Read More
  • Italy: Astaldi takes out loan for Turkish motorway project
    June 18, 2015
    Italian civil engineering group Astaldi has underwritten a €4.5 billion (US$5 billion) loan towards the Turkish motorway project of Gebze-Orhangazi-Izmir, which is worth an overall €5.65 billion ($6.4 billion). According to the La Repubblica newspaper, the loan facility will be used to complete the 301km last stretch of the motorway and link the city of Bursa, south of the Sea of Marmara, and the Aegean port of Izmir. Part of the loan will be used to refinance stretches that are under construction for
    Read More
  • Romanian road development continues
    February 28, 2012
    The Romanian road authorities are trying hard to get the country's network improvement plans back on track.
    Read More

Highlighted Content