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

  • July 19, 2012
    Economic stimulus packages - shift in emphasis on exit strategies
    Jack Short of the International Transport Forum discusses the role of stimulus finding and the path in and out of recession. The US Government has grabbed many headlines with the American Recovery and Reinvestment Act (ARRA), its response to the need to do something to prevent stagnation in the face of the recent economic downturn.
    Read More
  • April 20, 2012
    The case for tolling the Interstates
    Speaking at an event organised by the IBTTA last week to an audience of federal and state transportation officials, policy experts, financial analysts, and representatives from engineering firms, technology companies, and transportation facility operators, Ed Regan of Wilbur Smith Associates articulated a clear case for giving states flexibility to toll existing interstate highways.
    Read More
  • August 3, 2020
    Elon Musk’s underground movement
    The Boring Company is building tunnels under various US cities – but for what? Kristina Smith delves deep into a project which may (eventually) have real appeal for mass transit providers and transportation agencies
    Read More
  • December 3, 2015
    Dutch government to invest in ITS
    The Netherlands is to make a substantial investment in new forms of smart mobility, including real-time travel information and innovative forms of traffic management. Infrastructure and Environment Minister Schultz van Haegen and twelve regions are allocating more than US$74 million for intelligent transport systems (ITS) until 2018. deploy new services and gain practical experience with the latest technology, with the aim of providing drivers with personal, real-time and location-dependent information.
    Read More

Highlighted Content