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Mon April 29 2024

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More rail work for Webuild

16 May 23 Webuild and its joint venture partners Pizzarotti and Ghella, has landed two more rail contracts in southern Italy worth a total of more than €3.7bn (£3.2bn).

One contract, valued at €2.0bn, is for a section of a new high-speed railway along the Salerno-Reggio Calabria route – lot 1A between Battipaglia and Romagnano.

The second contract, worth €1.65bn, is for a section of the new Palermo-to-Catania railway in Sicily, between Lercara and Caltanissetta Xirbi.

Both contracts are for state railway company Rete Ferroviaria Italiana (RFI) and will be funded by Italy’s National Recovery and Resilience Plan.

Webuild is the lead partner in the consortium, with a 60% stake. Ghella and Pizzarotti both have 20%.

With these two contracts, Webuild is now working on 19 separate projects in southern Italy.

So far this year, Webuild has notched up new orders (including these two) totalling €13.7bn in value. Most of the work is for infrastructure projects in Italy, Australia, the US and other European countries.

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MPU
MPU

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