Ferrovie dello Stato invests EUR 17 billion

FS_tren_frecciarossa-trenitaliaItalian State Railways (Ferrovie dello Stato – FS) is to invest EUR 17 billion of additional funding to 2020 following an agreement between the Ministry of Infrastructure and Transport and Italian Rail Network (RFI), with safety, technology and capacity identified as priorities.
New stations will also be built to encourage modal shift from cars. EUR 3.5bn will be provided for signalling upgrades in cities and doubling of the Andora – Finale Ligure and Pistoia – Montecatini – Lucca routes, with better connections to airports.
Freight is also targeted for upgrades, with Ferrovie dello Stato’ 10 current subsidiaries to merge into a single company from the second half of the year. Route upgrades to provide better connections between ports and rail freight terminals are also planned.
Four Trans European Network-Transportation (TEN-T) corridors are to be upgraded at a cost of EUR 5.4bn – the Scandinavia to Mediterranean, Baltic to Adriatic, Rhine to Alpine, and Mediterranean – with enhanced freight terminals for intermodal traffic.


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