Spanish-Italian JV picked for €650m railway round Mount Etna
20 September 2023
The project is part of the 110km Ferrovia Circumetnea that circles Mount Etna near the city of Catania. It was built in 1898, and is operated by a company of the same name that is separate from Rete Ferroviaria Italiana, which runs the rest of the island’s network.
SIS, a joint venture between Turin-based investment company Fininc and Spanish public–private partnership specialist Sacyr, will share the project, with the former owning 51% of the equity.
The line will run through the city of Catania in eastern Sicily, from Misterbianco station and the Ardizzone tunnel. This element is worth €532m. There will be an additional 900m section from the tunnel to Paternò station, which is expected to cost €113m.
Altogether, the line will have four underground sections and above-ground sections; including five stations: Giaconia, Belpasso, Valcorrente, Gullotta and Paternò. There will also be two train sheds.
Related
-
Danantara Investment Management Announces the Results of the DPT BUPP PSEL Selection for Batch2
26 May 2026
-
Egypt prepares to tender five water treatment plants
26 May 2026
-
World Bank provides $2bn for Turkey railway corridor
25 May 2026
-
King Salman airport selects three contractors for apron ECI
24 May 2026
-
Japanese firm now fifth biggest US housebuilder after $4bn acquisition
22 May 2026
-
Edify reaches financial close on Rio Tinto-contracted solar-BESS parks
22 May 2026


京公网安备
11010802030424号
京ICP备19046776号-2