The government of Castano Primo, a city located in the province of Milan, northern Italy, has announced that it has awarded a PPP project concerning the development of leisure and education facilities to the Ercole Stabile consortium and ICRREA Banca Impresa SpA.
The project involves the design, financing, construction, and maintenance of indoor sports space, new school laboratories and the redevelopment of the Annibale Sacchi Municipal Sports Center. Only one bid was received.
The project represents a total investment of EUR5.05 million (US$5.79 million). The concession will be 20 years from the commissioning of the facilities.
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