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Wed September 30 2020

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Venezuela adds €763m of work to rail project

11 Nov 11 Impregilo, Astaldi and Ghella have signed a contract addendum adding a €763m (£630m) extension to their work on the Puerto Cabello to La Encrucijada rail project in Venezuela.

The addendum includes the extension of the Puerto Cabello line with a new section from the city of Moron to Puerto Cabello. The addition raises the overall residual value of the work to complete the Puerto Cabello – La Encrucijada line to approximately €3.3bn.

As part of the work for the construction of the Venezuela national railway network, Impregilo, in a consortium with the Astaldi and Ghella companies, has signed the contract addendum with the Railways Institute of the Venezuelan Republic (IFE) for the completion of the Puerto Cabello – La Encrucijada line, whose construction by the consortium is already at an advanced stage.

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MPU
MPU

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