Italian railways plans to bid for $20 billion U.S. contract

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Italian railways plans to bid for $20 billion U.S. contract
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Italian railway group Ferrovie dello Stato (FS) plans to bid for a contract in t...

FILE PHOTO: A logo of Italian state railways"Ferrovie dello Stato" is seen at the Tiburtina rail station in Rome, Italy, April 1, 2016. REUTERS/Alessandro Bianchi

The bid is part of FS’s efforts to branch out of its traditional market, a strategy which has also seen the Italian railways group leading the attempted rescue of failing flagship carrier Alitalia. “In the world there are a lot of opportunities to develop motorway and railway infrastructures and we have the skills to do that,” he added.

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