Strabag investing in Irish motorway network

Construction group Strabag, as part of the DirectRoute consortium, will finance, plan, build and operate the 57 kilometre long section of the Irish N17/N18 motorway between Gort and Tuam near Galwayon behalf of National Roads of Ireland. The public-private partnership (PPP) project has a total private sector investment value of about US$459 million.
May 9, 2014 Read time: 1 min
RSSConstruction group 3861 Strabag, as part of the DirectRoute consortium, will finance, plan, build and operate the 57 kilometre long section of the Irish N17/N18 motorway between Gort and Tuam near Galwayon behalf of National Roads of Ireland. The public-private partnership (PPP) project has a total private sector investment value of about US$459 million.

Construction will begin in May 2014 and the motorway is to be opened to traffic in November 2017, marking the start of the 25-year operating period for this section, with Strabag’s share amounting to 50 per cent via its subsidiary A-Way Infrastructure Project Development and Operations.

On completion of the scheme, National Roads of Ireland will pay a fixed monthly ‘availability’ fee to the consortium.

Related Content

  • June 1, 2012
    New traffic safety guidelines for bus corridors worldwide
    Embarq, the World Resources Institute’s centre for sustainable transport, has released the draft “Traffic Safety on Bus Corridors” guidelines to improve traffic safety worldwide. Based on more than two years of research, the guidelines are part of the Road Safety in 10 Countries (RS10) project, funded by Bloomberg Philanthropies.
    Read More
  • June 18, 2012
    Budapest to introduce congestion charge
    In line with a new proposal, the local municipality Budapest, the Hungarian capital, will be able to collect a congestion charge from motorists for using its roads. The bill enables the introduction of variable charges for different kinds of vehicles and zones in the city. Istvan Tarlos, mayor of Budapest, has said that motorists entering the city centre would be required to pay a one-off congestion charge of between US$1.70 and $2.00. However, the borders of the planned congestion zone are still under disp
    Read More
  • January 25, 2012
    Los Angeles Express Lanes links multiple modes of transportation
    The Big Apple's loss is the City of Angels's gain, according to Ken Philmus
    Read More
  • April 17, 2012
    Green light for Houston light rail project
    Granite Construction has announced that the Houston Rapid Transit Joint Venture team (HRT) has received full notice to proceed on the US$1.2 billion contract to expand the existing light rail transit system in Houston, Texas. The design/build contract was awarded to HRT in 2009 by the Metropolitan Transit Authority of Harris County, Texas.
    Read More

Highlighted Content