Strabag secures US$2.23billion Italian motorway build project

The US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the Strabag consortium.
March 14, 2012 Read time: 2 mins
RSSThe US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the 945 Strabag consortium.

The new motorway in the heart of Lombardy’s economic zone will connect the city of Bergamo in northern Italy with Milan’s Malpensa Airport, strengthening northern Italy’s East-West link, relieving the local roads in the north of Milan and providing a boost to the local industry. Set to begin this summer and conclude in time for the 2015 Milan Universal Exposition, the order includes the construction of a 52km dual carriageway motorway with two or three lanes in each direction as well as 50km of spurs and connecting routes to the existing road network. It also comprises 50 cut-and-cover tunnels, two bored tunnels including the technical facilities, three bridges covering a total length of 3km, and a near 80km bicycle trail. Strabag, a leading central and eastern European construction company with its headquarters in Vienna, Austria, hold 60 % of the consortium, with the remaining amount divided between Italian companies 3869 Grandi Lavori Fincosit (26%) and 3873 Impresa Costruzioni Giuseppe Maltauro (14%).

Meanwhile, new figures released by Strabag showed its output volume rose by 12% to $18.79billion (€14.3billion)in the 2011 financial year, compared to $16.82billion (€12.8billion) in 2010. The company said the growth was due to strong demand in the German building construction and civil engineering sectors, and the “booming” Polish construction sector fuelled by investment in transport infrastructure.

Road Structures

For more information on companies in this article

Related Content

  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
    Read More
  • Ireland's highway and tunnel projects
    May 10, 2012
    Northern Ireland construction company, Lagan Construction, is celebrating its part in two major infrastructure projects in Ireland. The company said that the openings of the A1 dual carriageway bypass at Newry, Northern Ireland, and the Limerick Tunnel, Republic of Ireland, were major achievements, and had employed 350 people over the past four years. The €138 million Newry bypass, commissioned by the Roads Service in December 2007 and completed five months ahead of schedule, was delivered by Amey Lagan
    Read More
  • Tune in, turn on – in Hungary
    June 26, 2017
    Austrian contractor Strabag is to head a consortium carrying out work on an expressway widening project in Hungary worth some €212 million. The project is for the widening and improving of the R 67 expressway that runs from Kaposfüred to Látrány.
    Read More
  • Work commencing on key New Zealand tunnel link
    August 3, 2012
    New Zealand prime minister John Key led an official ground-breaking ceremony this week to allow the start of excavation work for two new 2.4km-long motorway tunnels beneath suburban Auckland. The Waterview Connection project is on schedule to begin its main construction phase next year, and the prime minister was on hand to turn the first soil for a 30m-deep trench which is needed to allow access for the tunnels’ southern approach trench in the west Auckland suburb of Owairaka.
    Read More

Highlighted Content