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

  • Kapsch outlines tolling options to combat traffic congestion
    January 11, 2017
    Michael Maitland from Kapsch TrafficCom looks at how the various forms of tolling can help authorities combat traffic congestion and air quality problems while simultaneously raising revenue.
    Read More
  • Satellite based goods vehicle tracking comes a step closer
    March 15, 2012
    A project aimed at proving the viability of satellite-based goods tracking in Europe has come to a close – establishing everything necessary for commercial services to flourish. A landmark stage was reached in tracking of goods across Europe in December last year, with conclusion of the Scutum project – ‘Securing the EU GNSS adoption in transport of dangerous materials’. This has validated the accuracy and reliability of the European Geostationary Navigation Overlay Service (EGNOS) for goods tracking and se
    Read More
  • Plug and play approach unifies workzone ITS
    July 18, 2012
    Caltrans District 7 is finalising a ConOps document which will detail a plug-and-play to work zone ITS operation. The organisation's Allen Z. Chen elaborates. Before August is out, on current planning, the California Department of Transportation (Caltrans) District 7 (which covers Los Angeles and Ventura Counties, with a combined population of close to 11 million people) intends to have finalised a Concept of Operations (ConOps) document dealing with Work Zone Transportation Management Systems (WZTMS). The
    Read More
  • 2013 set to be record year for transport infrastructure deals
    November 15, 2013
    Deal values for global transactions of transport infrastructure assets including airports, ports and road operations have risen steeply since the beginning of the year with 2013 poised to be a record year for transport infrastructure deals, according to an analysis by global advisory firm KPMG. The first half of 2013 saw global deals of infrastructure assets worth US$16.6 billion, by the end of the third quarter this figure had risen to US$23.5 billion, which already exceeds total annual deal values fo
    Read More

Highlighted Content