FS Italiane Chief Executive Officer Renato Mazzocini and the CEO of Cassa depositi e prestiti (CDP) Fabio Gallia signed an agreement to jointly develop new urban rail transport networks in Italy.
Under the agreement, FS Italiane and CDP committed to actively cooperate in identifying and promoting projects related to new works to be carried out and to expanding existing infrastructures, using an approach which encourages the participation of private capital, including public-private partnership schemes (PPPs).
“The efficiency of the urban rail transport network is crucial to the development of integrated door-to-door mobility. FS Italiane, having facilitated high-speed travel between Italian cities with our Frecce trains, now commits itself to overcoming the urban infrastructure gap by designing, implementing and managing, in collaboration with local partners and local authorities, the necessary infrastructure,” the CEO of FS Italiane said.
FS Italiane and CDP are committed not only to improving urban mobility, but also giving impetus to a process of the urban transformation of Italian cities through the creation of a network of new generation integrated services, in favor of the individual person as well as the community.
The development of metropolitan networks is a strategic factor in integrated and sustainable collective mobility that can reduce levels of urban congestion and pollutant emissions, with a positive impact on productivity levels and socio-economic integration between the city center and periphery.
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