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

  • Polish road tender underway
    February 3, 2015
    Plans are underway for the Warsaw Ring Road project in Poland. Italian contractor Astaldi made the lowest offer for the project at €289.95 million. The work calls for a 4.6km section of the route to be constructed, including what will be Poland’s longest road tunnel once complete. There have been 10 bidders for the tender, being handled by the Polish road authority GDDKiA. Other bidders included the Porr Polska consortium and a construction consortium comprising contractors Budimex and Strabag.
    Read More
  • Italy’s resurgence
    June 22, 2020
    Despite the COVID-19 lockdown in Italy – one of the world’s hardest hit nations –the Genoa Bridge replacement continues, with more deck sections in position
    Read More
  • Construction consortium conquers in contract for Moscow-St Petersburg highway section
    May 13, 2014
    A consortium has won a key construction and concession contract in Russia for a stretch of the Moscow-St Petersburg highway. The construction consortium comprises contractor Vinci and Russian Bank VTB. The deal involves around US$1.7 billion of public financing for the construction phase and some $983 million for operation for the period of the contract. The concession package involves construction of the highway section, as well as operation for a 24 year period. The construction work will be carried out b
    Read More
  • Fourth lane for Rome section of Italy’s A1
    June 28, 2023
    Under the agreement, around 16 hectares of trees will be planted, 3.4km of noise barriers installed and a network of cycle paths will be planned.
    Read More

Highlighted Content