On 19.09.2013 Impregilo signed an agreement with Tecnimont SpA, a subsidiary of Maire Tecnimont SpA, to acquire a further 10 percent stake in the COCIV Consortium, the general contractor for the construction of the Terzo Valico Ferroviario dei Giovi project (Milan-Genoa high-capacity, high-speed railway line), for a price of around EUR25 million.
As a result, the Salini Group now holds a total stake of 64 percent in the COCIV Consortium, whose contracted works for the construction of the Terzo Valico project amount to around EUR4.6 billion. The new high-speed/high-capacity line will be 53 km-long, of which 39 km is in tunnels, and is connected to the existing line through four interconnections at Voltri, Genova Parco Campasso, Novi Ligure and Tortona, in total 14 km-long.
Starting at the Genoa hub, the new line will be developed along the Genoa-Milan route as far as Tortona, and along the Alessandria-Turin route as far as Novi Ligure, and will then connect with the existing lines connecting with Milan and Turin. Visit www.salini-impregilo.com. 39/13.