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| Impregilo to build Milan-Genoa high-speed/capacity railway line COCIV General Contractor and RFI-FS Group have signed the contract for the construction of the so-called Terzo Valico dei Giovi Milan-Genoa high-speed/capacity railway line. The total value of the work assigned to the COCIV General Contractor in which Impregilo is the lead company with a 54% share (the other partners are Condotte with 21%, Tecnimont with 20% and CIV with 5%) amounts to approximately 4.8 billion euro. As contemplated by the 2010 State Budget, work on the new line will be subdivided into construction lots. The first lot, which has already received funding of 500 million euro from the CIPE interministerial economic planning committee, comprises work for 430 million euro. The Terzo Valico dei Giovi line runs between Liguria and Piedmont, through twelve municipalities in the provinces of Genoa and Alessandria. The new line is approximately 53 kilometres long, including 39 km of tunnels, and also has 14 km of interconnections with the existing rail network, for a total of 67 km of new infrastructure. The line will permit a significant expansion in Italy's freight transport offer, enhancing rail links between the Genoa and northern Tyrrhenian port system and north Italy and Europe. write your comments about the article :: © 2011 Construction News :: home page |