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Astaldi team signs €1bn contract for Italian rail tunnel
Astaldi has a 42.51% stake in the joint venture, which it is carrying out with Ghella (42.49%) and Oberosler, Cogeis and PAC, which each have 5%. The team will build an exploration tunnel and two main tunnels from Mezzaselva in Fortezza to the Italian border with Austria.
A total of 23km will be dug using traditional methods and 46km will be excavated with TBMs. The estimated duration of works is 7 years.
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