Rete Ferroviaria Italiana (RFI) assigned Cepav due consortium led by Saipem to proceed with the second construction lot for the Brescia Est – Verona high speed rail. The total value of the contract is EUR 514 million, of which EUR 304 million is Saipem’s share.
The second lot comprises the completion of the civil infrastructures for the Brescia Est – Verona high speed rail section, along with the construction of the railway superstructure, the electricity transmission system and technological equipment for the entire section.
“The assignment of the works of the railway line connecting the urban areas of Brescia and Verona, which are integral part of the TEN-T Mediterranean Core Corridor, represents a tangible contribution to the reopening of construction sites and once again demonstrates the strong commitment of the main contracting station in Italy,” Maurizio Gentile, CEO of RFI, said.
According to the EUR 1.64 billion contract assigned in June 2018, the contract between Cepav due and Rete Ferroviaria Italiana entails the construction of a railway route around 48 km long linked to the Verona – Brennero, including the 2.2 km Verona Freight interconnection. The contract
The Brescia Est – Verona high speed rail is crossing two regions, three provinces and 11 municipalities and is running 30 km parallel to A4 motorway.
Cepav due consortium was also involved in the construction of a 39-km Treviglio – Brescia rail section, on the Milano – Verona high speed railway and an additional 11.7 km of interconnection with the conventional lines. The sections were opened in December 2016.
The Cepav due consortium comprises Saipem with 59.09% stake, Impresa Pizzarotti (27,27%) and Gruppo Icm (13.64%).
The Brescia-Verona high speed railway project was approved in 2017 by the Inter-Ministerial Committee for Economic Strategy in Italy (Cipe). The total value of the project was estimated at EUR 2.16 billion and is expected to be completed in 2023.
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