It will connect the island of Sicily with the region of Calabria.
The Transaction is expected to enhance Earnings Per Share (EPS) by approximately 1.4%.
The company will be primarily listed on the London Stock Exchange (LSE) and simultaneously secondarily listed on the Athens Stock Exchange.
The project covers a total area of 515 hectares and includes all necessary infrastructure works.
Housing affordability in the area is gradually improving.
The project has a total budget of €4,950,000 and is expected to significantly enhance the functionality and safety of the area.
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