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

  • Ukraine, Poland ‘boast the most modernised infrastructure in eastern Europe’
    November 13, 2012
    Preparations for hosting the major sporting event, the Euro 2012 European football championship, enabled Ukraine and Poland to give their infrastructure the biggest facelift in the region and beyond. While three-quarters of Poland's expenditure was covered by EU funds, Ukraine financed the building of roads, hotels, and airports itself. Ukraine, however, did receive a EUR 2.2 billion loan from the European Bank for Reconstruction and Development (EBRD). "The infrastructure sector will definitely remain one
    Read More
  • UK plans to penalise rush hour road works
    April 18, 2012
    Innovative measures to cut the number of rush hour road works have been announced by UK Transport Secretary Philip Hammond. Under ‘lane rental’ schemes, councils would be able to charge utility companies to dig up the busiest roads during peak times when road works cause the most disruption. Companies would be able to avoid the charges by carrying out works during quieter periods or, if appropriate, at night.
    Read More
  • Consortium named for Pennsylvania PPP bridge project
    January 27, 2015
    A consortium comprising HDR, Plenary Group, Walsh Group and Granite Construction Company has been awarded the contract to replace 558 bridges as part of the Pennsylvania Rapid Bridge Replacement Project in the US. As lead design engineer for the construction joint venture, HDR will be responsible for bridge and roadway design services, environmental permits, right-of-way plan development and construction phase services. The team will begin construction in summer 2015 and complete all bridge replaceme
    Read More
  • London the most expensive city to use public transport, says report
    February 1, 2017
    According to a report from German online moving platform Movinga, London, UK is the most expensive city to use public transport at £122.27 per month and Cairo, Egypt is the most affordable city at £5.18 for a monthly ticket. As part of its 2017 Relocation Price Index, a study detailing the costs associated with relocating to some of the world’s most in-demand cities, Movinga also observed the cost of transportation around the world in 89 cities. The data was taken from all official transport offices w
    Read More

Highlighted Content