Webuild: Work starts on Section of Verona-Padua High-Speed/High-Capacity Railway in Italy
The IRICAV 2 consortium led by the Webuild Group has signed a contract worth a total of about €2.5 billion to start work on the first section of a high-speed/high-capacity railway being developed between Verona and Padua and commissioned by Rete Ferroviaria Italiana (RFI) (Gruppo FS Italiane). The signing comes as the Group forges ahead with Progetto Italia, a strategy to consolidate and strengthen Italy’s infrastructure sector. The Group owns 83% of the consortium (Webuild 45.44%, Astaldi 37.49%) and Hitachi Rail STS.