Astaldi JV Wins US$191M Polish Contract
Rome, Italy: Astaldi will upgrade a 68 km stretch of Poland’s N-7 railway in a joint venture.
The value of the contract is 171 million euros (US$191 million), of which 65 percent belongs to Astaldi, and Zhol Zhondeushi (25 percent), PBDiM (five percent) and CLF (five percent).
The works have been commissioned by Polskie Linie Kolejowe, which is a state-owned company responsible for managing Poland’s railway infrastructure.
The work to upgrade the Warsaw Wschodnia Osobowa-Dorohusk line involves demolition, reconstruction and extension of a 68 km section, including Lublin station. The project also includes the construction of level crossings and access roads. The planned duration of the project is approximately two years.
This contract is in line with the Astaldi Group’s commercial strategy, which aims to consolidate the company’s presence in Central Europe. The contract also strengthens the company’s presence in Poland, where it currently manages an order backlog of approximately US$1.12 billion for the extension of Line 2 of the Warsaw underground; the construction of the Warsaw South bypass road; a S-7 expressway lot near Krakow, and other works for road sections.
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