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| Astaldi builds new underground in Istanbul Italy's Astaldi, as General Contractor and leader of a joint venture, and the Municipality of Istanbul signed the contract for the construction of the new underground of Istanbul, of a global value of 751 million of euro. The contract has been signed after the provisional award which took place on January 17 the last. The company's share therein, amounting to 315 million euro, has now been entered in the Astaldi Group's order backlog. The contract provides for the construction of a new 20-km-long double-track underground line, with 16 underground stations, throughout the section Kadiköy-Kartal, and includes, in addition to civil works, also the supply of electromechanical plants and the signalling system. The works are planned to start already from the second half of 2008, and will be completed in 3 years. write your comments about the article :: © 2008 Construction News :: home page |