Fininc and Sacyr win Italian road project
01 February 2021
Consortium awarded €388 million contract to build bypass in northern Como province
Impression of the proposed Tremezzina tunnel in northern Italy
A consortium of Fininc and Sacyr has been awarded a €388 million contract to build state road 340, a 9.5km bypass in Italy’s Como province.
The SIS consortium sees Turin-based holding company Fininc taking 51% of the project, while Madrid-based construction firm Sacyr has 49%.
The scope of work includes the construction of three 11.6m-diameter tunnels with a total combined length of almost 8km: Comacina, will run to 3,489m in length; Tremezzina to 2,568m; and Perlana to 1,908m.
Each of the tunnels will be constructed primarily through rock, resulting in an anticipated five-year duration for the project.
The SIS consortium is also nearing completion of its work on the €2.6 billion Pedemontana-Veneta highway, one of the largest road infrastructure projects currently underway in Italy.
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