Texas Central Reaches Another Milestone With Addition of Salini Impregilo for Limited Notice to Proceed

  • Salini Impregilo brings global experience, having built more than
    4,000 miles of railway infrastructure, and will lead civil
    construction consortium
  • Selection of multinational civil engineering contractors
    strengthens civil construction group for Texas line
  • Announcement marks latest addition of expertise on America’s first
    high-speed train project

DALLAS–(BUSINESS WIRE)–Texas Central, developers of the high-speed train, has engaged the
global construction and engineering firm Salini Impregilo – operating in
the U.S. market with The Lane Construction Corporation – to lead the
civil construction consortium that will build the Texas passenger line.

The selection of the Italian firm, one of the largest civil engineering
contractors in the world, reflects the participation of leading industry
global organizations that are designing and building the high-speed
train connecting Houston and North Texas.

“Salini Impregilo’s knowledge and experience in designing, building and
leading large scale railway projects across the world is impressive, and
its presence in the U.S. market with Lane is also strategic for the
project,” said Texas Central CEO Carlos F. Aguilar. “Their inclusion in
the consortium highlights the stature of the Texas project and the
interest of global infrastructure companies to be part of America’s
first high-speed train.”

Salini Impregilo is active in more than 50 countries on five continents,
with experience building more than 4,000 miles of railway infrastructure
around the world – in Australia, Europe, Asia and the Americas. It built
many high-speed train projects in Europe, and some iconic, complex
projects in the world in the wider transport sector, including the
expansion of the Panama Canal.

The company has worked in the U.S. since the 1980s and expanded its
presence in 2016, merging with The Lane Construction Corporation, a
U.S.-based company with almost 130 years of experience in infrastructure
work.

“This is a wonderful opportunity for us,” said Pietro Salini, CEO of the
Salini Impregilo Group. “We are delighted to be invited to take part to
bring high-speed train service to Texas, as we have in Italy and other
countries. It is precisely the kind of large, complex infrastructure
project in which we have decades of experience. The United States is now
our biggest single market, with a consolidated presence in highways,
bridges and tunnels, and we are pursuing the high-speed rail sector.”

The announcement is the latest milestone for the investor-led project –
a 200 mph train connecting the state’s largest population and economic
regions in 90 minutes, with a midway stop in the Brazos Valley. The
project will create a super-economy, connecting the 4th and 5th
largest U.S. markets in fast-growing communities looking for safe,
reliable and productive travel options.

As the lead of the civil construction consortium, Salini Impregilo will
be responsible for all work up to the top of the rail, including
viaducts, embankments and drainage.

Under the Limited Notice to Proceed (LNTP) agreement, the project’s
design-build participants will proceed with the front-end engineering
and design of the train’s civil infrastructure. Other services include
optimizing execution approaches, strategies and logistics, as well as
performing analysis to develop construction costs and schedule estimates.

That work helps to develop a design build contract that will be used to
complete the civil infrastructure program. This is a precursor to
financial close, after which construction of the civil infrastructure
segments of the project will begin.

The agreement is the latest example of the project bringing the best
subject matter experts to the team, creating a new industry in the
United States. The train will inject an estimated $36 billion in
economic benefits statewide over the next 25 years, including creating
10,000 jobs per year during construction and 1,500 permanent jobs when
fully operational.

The Texas train will be based on Central Japan Railway’s Tokaido
Shinkansen train system, the world’s safest mass transportation system.
It has operated for more than 54 years with a perfect record of zero
passenger fatalities or injuries from operations, and an impeccable
on-time performance record.

The Texas project will be built and operated without taxpayer-funded
state or federal grants.

Texas Central and its partners are refining and updating construction
planning and sequencing, guided by the Federal Railroad Administration’s
recently released Draft Environmental Impact Statement on the project.

That federal review cited many factors in support of the project, saying
the train “is needed to accommodate growing demand” in Texas and to
provide a more environmentally favorable travel alternative.

The FRA now is working on a final environmental review that will help
determine the project’s timeline and final route.

ABOUT TEXAS CENTRAL

Texas Central is developing a new high-speed train that will connect
North Texas, the Brazos Valley and Houston, using proven, world-class
technology. The 90-minute trip will provide a safe, reliable and
productive transportation alternative. The company’s market-led approach
is backed by investors, not government grants, a new business model for
infrastructure advances. Texas Central and its affiliated entities will
be responsible for the system’s design, finance, construction, operation
and maintenance. See more at www.texascentral.com.

ABOUT SALINI IMPREGILO

Salini Impregilo is a leading global player in the construction of
large, complex civil infrastructure. It specializes in the water sector
– where it has been recognized as global leader by Engineering
News-Record (ENR) – as well as railways and metro systems, bridges,
roads and motorways, civil and industrial buildings, and airports. The
Group has more than 110 years of applied engineering experience on five
continents, with design, engineering and construction operations in 50
countries and more than 35,000 employees from 100 nationalities. Salini
Impregilo is a signatory of the United Nations Global Compact and
pursues sustainable development objectives to create value for its
stakeholders. It assists clients in strategic areas including energy and
mobility, helping to drive development and well-being for current and
future generations. Its leadership status is displayed in projects such
as the new Panama Canal, the Grand Ethiopian Renaissance Dam in
Ethiopia, the Cityringen metro in Copenhagen, the new Riyadh metro
system, the Stavros Niarchos cultural centre in Athens, and the new
Gerald Desmond Bridge in Long Beach, USA. In 2017, new orders totalled
€6.7 billion, with a total backlog reaching €34.4 billion. Salini
Impregilo Group is headquartered in Italy and is listed on the Milan
Stock Exchange (Borsa Italiana: SAL; Reuters: SALI.MI; Bloomberg:
SAL:IM).

See more at www.salini-impregilo.com

Contacts

Hill+Knowlton Strategies
Megan Frye, 214-238-8153
Megan.Frye@hkstrategies.com
www.texascentral.com

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