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

  • Romania's new tunnel deal
    February 24, 2012
    A consortium will build a new tunnel in Romania as part of the Orastie-Sibiu highway project.
    Read More
  • Contract for Romanian highway construction signed
    May 10, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million. The Portuguese contractor Monte Adriano will construct the section linking Nadlac with Pecica. Romania has pledged to improve and expand its highway network with the construction of new links, and much of the funding for its highway plans has been provided by the European Bank for Reconstruction and Development and the European Investment Bank (EIB).
    Read More
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
    Read More
  • Malaysia highway deal awarded
    March 14, 2016
    A major highway contract has been awarded in Malaysia worth US$359.43 million. The work will be carried out by a joint venture team comprising Kimlun and Zecon. The work involves building sections of new road and upgrading existing infrastructure for the Sarawak Pan-Borneo highway project. The contract was awarded by Malaysian highway operator Lebuhraya Borneo Utara. The joint venture partners will carry out the construction and upgrading work between Pantu junction and the Serian roundabout under phase one
    Read More

Highlighted Content