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

  • Nexus to invest in modernisation work in 2017
    February 1, 2017
    Nexus, operator of the Tyne and Wear Metro in the UK, is to invest US$44 million (£35 million) in Metro modernisation work in 2017, involving major projects to renew and replace Metro’s ageing infrastructure, including track and overhead lines. It forms part of the Metro all-change modernisation programme, the scheme to secure Metro’s long term future over eleven years. The modernisation programme is now into its sixth year. Nexus will be investing US$138 million (£110 million) through to 2021 on mode
    Read More
  • Real-time traffic flow services for Europe
    July 25, 2012
    Inrix has announced the availability of its Real-Time Traffic Flow for over 50,000km across six European countries as well as the roll-out of pan-European traffic flow by early 2010. The company's traffic services are designed for integration with advanced navigation and traffic services on mobile and vehicle-based navigation systems.
    Read More
  • Tolling industry celebrates the 20th anniversary of e-ZPass
    August 2, 2013
    In 1993, toll facilities in New York, New Jersey and Pennsylvania helped usher in regional toll interoperability in North America. Twenty years later, on 3 August, International Bridge, Tunnel and Turnpike Association’s (IBTTA), together with the rest of the tolling industry, will celebrate the 20th anniversary of the E-ZPass Interagency Group (IAG). Talking about the creation E-ZPass twenty years ago, IBTTA executive director and CEO, Patrick D Jones said: “One of the most transformative events in the his
    Read More
  • Authorities switch on to all electric buses as costs tumble
    January 9, 2018
    Alan Dron looks at changes in bus propulsion as cities look to improve air quality and seek to reduce maintenance costs. Despite the ending of various incentives to adopt alternative fuels, the introduction of electric buses by US transit authorities is picking up speed as performance improves, costs drop and air quality considerations become increasingly significant. More US bus manufacturers are introducing zero-emission models and some recent contracts will see many more passengers getting their first
    Read More

Highlighted Content