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Astaldi expects to close 1.7bn pounds Russian motorway build deal

source:worldhighways author: time:2014-05-16  

Italian civil engineering group Astaldi is expecting to obtain a 1.7 billion contract from Russia that would see them build a 140km stretch of the Moscow-St Petersburg motorway.

Astaldi chairman Paolo Astaldi said that the deal for lots seven and eight of the motorway is "probably". Astaldi is in a consortium with Turkish partner Ictas, with which it has already banked deals in Russia. The contract will be awarded by the motorway concessionaires,VTB and Vinci.

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