It will design and manage the Villa Borghese parking lot.
Saba, Abertis' parking subsidiary, has been awarded the contract to build and manage a parking complex in Rome. The project, granted under a concession agreement by the City of Rome, will be developed on the current site of the Villa Borghese park parking garage—which Saba already manages—and includes a series of improvements representing an investment of €92,5 million.
The project will involve the expansion of the existing underground parking lot.
for vehicles with 200 new seats, reaching a total of 2.017
Saba Italia will also develop a new parking lot for tourist buses, connected to Rome's public transport system, with 81 spaces, as well as expanding the commercial area of the complex to 17.200 m2 (it currently has 11.030 m2).
The agreement with the City of Rome also includes the construction of an electric bus operation and maintenance terminal with capacity for 55 nine-meter vehicles and 123 five-meter vehicles, which will serve the municipal public transport agency. The project also includes the management of an existing motorcycle parking facility with a capacity of 230 spaces.
The works are scheduled to begin in the first months of 2008 and
It is estimated that the project will take four years to complete. The total planned investment is €92,5 million. Saba will manage the entire parking complex under a concession agreement for a period of 50 years.
Villa Borghese, located in the center of Rome, is one of the most visited public spaces in the Italian capital. It is the largest park in the city.
of the city and in recent years has been transformed into a space that combines green areas with a top-level cultural offering.
Bet on internationalization
The construction and operation of the Villa Borghese parking complex reinforces Saba's already significant presence in the Italian parking sector. Saba manages a total of 42 parking facilities in Italy with over 20.000 spaces. Currently, the company has a total of 95.849 parking spaces distributed across 176 facilities in Spain, Italy, Chile, Portugal, Morocco, and Andorra.
Any questions about this news?
Talk to Coexia, the AI of the foreign trade
