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Salini Impregilo to develop HSR in Turkey [free access]

May 20, 2019

Salini Impregilo has secured a EUR530 million contract to construct a 153-km section of high-speed rail in Turkey. The company will have a 50.01 per cent stake in the joint venture with Turkey-based Kolin İnşaat Turizm Sanayi ve Ticaret A.Ş. and with another construction company also based in Turkey. The contract includes electrification, signalling and other auxiliary civil works related to that section of the line.

 

The HSR will extend from Istanbul to the Turkey–Bulgaria border. The construction cost will be funded by the European Union via the European Investment Bank.

 

The line will be a part of the Trans‐European Transport Network (TEN‐T), which connects the member countries of the European Union.