Italian rail company Ferrovie
dello Stato (FS) said Wednesday that its new 10-year plan for
2017-2026 provides for investments worth 94 billion euros over a
decade.
In particular, 73 billion euros will reportedly be invested
in infrastructure, 14 billion in rail material and seven in
technological development.
Over half of the resources pledged for the plan - 58
billion - are reportedly already available.
FS President Gioia Ghezzi said the new industrial plan will
introduce major changes and bring a "cultural revolution inside
the group".
The rail company's chief executive Renato Mazzoncini also
said during the plan's presentation on Wednesday that FS will
merge with motorway company ANAS.
ANAS and rail network Rete Ferroviaria Italiana (RFI) "will
become sisters" within the FS holding, the CEO said, saying
joint investments and management choices will help save up to
400 million euros as part of the plan.
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