Ferrovial team win €98m contract to remodel congested Madrileño road ...Middle East

A team comprising Spanish contractors Ferrovial, Gyocivil and Licuas has won a €98m deal to renovate a 70,000 sq m section of the Paseo de la Castellana in Madrid.

The project is being undertaken by Madrid City Council, and will add a two-lane cycle route, civic spaces and green areas with hundreds of new trees to the thoroughfare. It will also lower the level of the road.

The aim is to reduce congestion and connect the Virgen de Begoña district with the future Madrid Nuevo Norte quarter.

Ferrovial has a 65% stake in the project; Gyocivil and Licuas each own 17.5%.

Subscribe here to get stories about construction around the world in your inbox three times a week

Ferrovial team win €98m contract to remodel congested Madrileño road Global Construction Review.

Read More Details
Finally We wish PressBee provided you with enough information of ( Ferrovial team win €98m contract to remodel congested Madrileño road )

Also on site :

• Israel should “negotiate with the Palestinians” to stop war on Gaza
• Losing our home was terrifying – then it turned into a romantic adventure
• Jeff Bezos spanks bikini-clad Lauren Sanchez as she sunbathes on their $500M superyacht