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.

For more information on companies in this article

Related Content

  • Continued impact of TEN-T programme
    November 29, 2012
    The Trans-European Transport Network Executive Agency (TEN-T EA) launched for the second year running a campaign aimed at showcasing successfully implemented TEN-T projects. The “ten (more) out of TEN” campaign highlights ten additional TEN-T projects whose successful implementation has yielded regional, national and European added value and which are helping to complete the TEN-T network.
    Read More
  • IBTTA campaign highlights benefits of tolling
    January 14, 2013
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has announced the launch of an aggressive 2013 public awareness campaign to highlight the benefits of tolling. “We’re launching this campaign to ensure that tolling is a key part of the discussions in Congress and elsewhere around the country on how to fund America’s transportation system,” said Patrick D Jones, IBTTA executive director and CEO. “IBTTA’s Moving America Forward public awareness campaign will make the case for the tolling indus
    Read More
  • EU releases funds for key TEN-T projects
    November 30, 2012
    The European Commission has launched two Calls for Proposals under the 2012 Trans-European Transport Network (TEN-T) multi-annual and annual programmes, making over US1.5 billion available to finance European transport infrastructure projects in all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent transport systems, in all EU Member States. Commission Vice President Siim Kallas, responsible for transport, said: "In making this considerable amount of funding a
    Read More
  • South west’s first smart motorway opens
    January 15, 2014
    The first smart motorway scheme in the UK’s south west has been officially launched, covering seven miles of motorway around the Almondsbury interchange and including junctions 19-20 on the M4 and junctions 15-17 on the M5. It is designed to help reduce congestion and improve safety and journey times by introducing variable speed limits and opening the hard shoulder during busy traffic periods. The improvements to the M4 and M5 use a range of technologies and operational systems to reduce congestion and
    Read More

Highlighted Content