Italian company says new bridge can be built in 8 months
MILAN (AP) — The board of the private company that controls the bridge that collapsed in Genoa approved on Tuesday an initial 500 million euros ($576 million) in funding to help victims and finance a new steel bridge that it says can be ready in about eight months.
Autostrade per l'Italia's board said after an extraordinary meeting one week after the Morandi Bridge tragedy that killed 43 that it would meet at a later date to respond to government moves to privatize the more than 3,000 kilometers (1,860 miles) of toll highway that it runs under a concession.
The board said it approved an initial list of self-financed initiatives it plans following the bridge collapse.