Independent journal on economy and transport policy
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Italferr will constitute joint venture specialized in railway engineering with the Anesrif Algerian
The understanding joins in a plan of modernization and development of Algerian infrastructures of the value of about 32 billion dollars
June 29, 2015
Italferr, society of engineering of the group Italian Railroads of the State, has signed a protocol of understanding with the Anesrif, the agency of the Algerian government for the performance of the railway investment program, that it has the scope to constitute a by right Algerian society (51% Anesrif-49% Italferr) specialized in railway engineering.
The Italian railway group has explained that the agreement signed by Matteo Triglia, managing director of Italferr, and by Azzedine Fridi, general manager of Anesrif, joins in a plan of modernization and development of Algerian infrastructures of the value estimated of about 32 billion dollars, included about 5 thousand kilometers of railway line and important projects to second realize the advance international standards in matter than railway infrastructures, electrification, signaling and telecommunications.
The group FS, moreover, has specified that with this understanding the profitable relationship started in 2008 consolidates through the contract stipulated between Italferr and Anesrif for the advising, the technical assistance and the formation of the engineers of the agency Algerian, in the within of the infrastructural investment program of the North African nation.
The protocol defines modality and conditions for the constitution of the new society in partnership, that it will have the task to assure the specialized formation and the ingegneristiche performances of planning, direction works and put in service of transport infrastructures, with particular reference to those railway ones, of next realization in the Country. It will be a Committee of designated Pilotage ad hoc to conclude, within the next October, the necessary procedures to the activation of the society.
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