Afcons Infrastructure Ltd Expands Its Reach with a Railway Project in Croatia

Afcons Infrastructure Ltd, the flagship engineering and construction arm of the Shapoorji Pallonji Group, has announced a major milestone in its international operations by securing a significant railway project in Croatia. This development marks a pivotal moment for the company as it seeks to extend its global footprint in the infrastructure sector.

Selection as the Preferred Bidder

The company was recently informed that it was selected as the most suitable bidder for the rehabilitation and construction of a vital railway line in Europe. This project not only underscores Afcons' long-term commitment to delivering high-quality infrastructure but also stands as its largest international order to date. The project is poised to play an essential role in modernizing the railway network, enhancing connectivity, and stimulating economic growth in the region.

Executive Chairman of Afcons Infrastructure, Mr. Krishnamurthy Subramanian, expressed his excitement, stating, "This milestone project marks a significant step in Afcons' global journey, signaling our entry into Europe. It reflects our capability in delivering complex, large-scale infrastructure solutions across various geographies. We are honored to contribute to the modernization of Croatia's railway network, reinforcing our status as a trusted partner in the field of international infrastructure development."

Scope of the Project

As part of the ambitious project, Afcons will engage in extensive civil works, including the reconstruction of the existing track and the construction of a second railway line. The project also includes essential components such as overhead electrification, signaling systems, and telecommunication works. The estimated value of the project stands at €677.07 million, excluding taxes, reflecting the scale and significance of this endeavor.

Managing Director Mr. S Paramasivan highlighted the importance of this project, noting, "This project encapsulates our commitment to creating sustainable value for stakeholders while connecting communities and driving economic growth. The scope of work entails several advanced infrastructure activities, showcasing our expertise in this domain."

Next Steps and Preparations

As the company gears up to commence this significant project, key stakeholders are focused on completing formalities in line with due process. Mr. Kshitiz Bhasker, Director of Business Development at Afcons, emphasized the organization's readiness to mobilize resources for execution shortly. Furthermore, Mr. Udai Veer Singh, Head of the Railway Segment, expressed confidence in the team’s ability to deliver on this challenging project effectively.

About Afcons Infrastructure Ltd

Founded over six decades ago, Afcons Infrastructure Ltd has built a formidable reputation within the construction industry, both in India and internationally. Relying on its rich experience and a strong track record, the company has executed numerous technologically complex engineering, procurement, and construction (EPC) projects. According to the latest Engineering News-Record survey, Afcons is recognized among the Top 140 international contractors globally, ranking 12th in Bridges and 8th in Marine Ports.

This latest project in Croatia not only represents a vital investment in essential infrastructure but also signifies Afcons' dedication to fostering global partnerships aimed at achieving transformative growth. As the company embarks on this new journey, all eyes will be on its ability to deliver yet another benchmark project in the infrastructure space.