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

  • New York to pilot cordon-based congestion charging
    March 16, 2012
    From 2009, if all goes to plan, New York will run a three-year cordon-based congestion charging pilot - the first in the US. Upon accession, US Secretary of Transportation Mary Peters signalled her intention to continue her predecessor Norman Mineta's initiative to specifically target road congestion. And, with initiatives such as the US Department of Transportation's (USDOT's) Urban Partnership Program actively promoting tolling as a part of a compound solution to the problem, the way was opened for the co
    Read More
  • Vancouver's metro transport promotes alternatives to driving
    January 26, 2012
    David Crawford looks at Vancouver and the legacy of a Olympic transport success
    Read More
  • Malaysia to invest billions in rail development
    September 12, 2013
    Malaysia plans to spend a staggering US$50 billion to develop its rail network over the next seven years, including a high-speed rail linking Kuala Lumpur and Singapore set for 2020, and the urban mass rapid transit system that is rolling out in 2017. Compared to developed countries where rail transport makes up a third of public transportation, Malaysia's share is less than four per cent.
    Read More
  • India to deploy ETC at 82 toll plazas
    September 19, 2014
    Established in 2011, Indian technology and infrastructure company Vaaan has been awarded two major projects valued at around US$25 million from the National Highways Authority of India (NHAI) through its highway operations management agency, Indian Highways Management Company (IHMCL). The company is to deploy electronic toll collection (ETC) on 164 dedicated lanes across 82 public funded toll plazas in a bid to to reduce traffic congestion and commuting time. In addition, in a move to identify which h
    Read More

Highlighted Content