Italy's railway group awards 1.16 bln euro contract to Webuild-led consortium
08/06/2021 17:57
MILAN, June 8 (Reuters) - Rete Ferroviaria Italiana has
awarded a 1.16 billion euros ($1.4 billion) tender to a
consortium comprising Italy's Webuild WBD.MI and Switzerland's
Implenia Construction IMPN.S , the unit of Italy's railway
group said on Tuesday.
Under the contract, the two companies will design and build
a more efficient railway line between the towns of Fortezza and
Ponte Gardena in the northeast of Italy and in connection with
the Brenner base tunnel.
The works, which are expected to last seven years, will
allow a significant reduction in travel times for both passenger
and goods trains between Italy and Austria, the railway company
said in a statement.
($1 = 0.8211 euros)
(Reporting by Francesca Landini, editing by Maria Pia Quaglia)
((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))