A joint venture (JV) comprising Astaldi Group, Ghella, Oberosler, Cogeis and PAC has secured a €1bn contract to build the Italian stretch of the Brenner Railway Tunnel.

As part of the deal, the JV will build an exploration tunnel and two main tunnels from Mezzaselva in Fortezza to the Italian border with Austria.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

A total of 23km will be dug for the development, with 46km excavated using tunnel boring machines (TBMs). 

Construction work is estimated to be complete within seven years.

"Once complete, Brenner Tunnel will be the longest underground railway in the world."

The company said that the formal signing of the contract ratifies the beginning of works and follows a preliminary agreement awarded in March.

See Also:

Astaldi Group CEO Filippo Stinellis said: “The Brenner Tunnel, once completed, will be the longest underground railway in the world.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The project is a great opportunity for us and for Italy for the employment levels it will guarantee during its construction, but also because it is a pioneering work of engineer that, once completed, will significantly enhance passenger and freight transport through the heart of Europe.”

Partly funded by the European Union (EU), the Brenner Tunnel has an overall cost of €8.8bn.

Italy and Austria will provide 60% of funding, with the remaining 40% coming from the EU.

Italy will provide a €2.65bn fund especially for the Brenner Tunnel project. The 64km route from Fortezza to Innsbruck, Austria, will be used for freight transport.

Brenner Basistunnel (BBT) is involved in planning and building of the Brenner Base tunnel.