Webuild Group and its partner in the Iricav Due consortium have signed an agreement with Rete Ferroviaria Italiana (Gruppo Ferrovie dello Stato Italiane) to start work on the Verona-Bivio Vicenza section, valued at 鈧�1.596m (拢1.37bn).
Webuild, which owns 83% of Iricav Due and Hitachi Rail the remaining 17%, also signed an agreement for the design of the Vicenza crossing, valued at approximately 鈧�720m and belonging to the next tranche of work.
The first functional lot of the railway between Verona and Bivio di Vicenza will run for 44.2km across 13 municipalities.
Got a story? Email news@theconstructionindex.co.uk
