Work has begun on a section of the Verona-Padua high-speed and high-capacity railway line.
The work is being done by the IRICAV 2 consortium, which is led by the Webuild Group. The consortium signed the contract, worth 2.5 billion euros, on 10 August. The section in question will be the first section of a new high-speed and high-capacity railway line between Verona and Padua. The commissioning party is Rete Ferroviaria Italiana (RFI), part of FS Italiane. The Webuild Group owns 83 percent of the consortium (Webuild 45.44 percent; Astaldi 37.49 percent), while Hitachi Rail STS owns the remaining 17 percent.
The section of high-speed line will see a total investment by RFI of 2.7 billion euros. It is set to be finished by 2027. It will measure 44.2km, crossing 13 municipalities between Verona and Bivio Vicenza. The existing railway will be quadrupled. This will improve trains services and bolster connections to the European network.