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.

Related Content

  • March 22, 2012
    ODoT targets transportation funding solutions and alternatives
    Jerry Wray, Ohio Department of Transportation (ODoT) director, has officially announced the Division of Innovative Delivery, a move he says is critical to identifying innovative and alternative funding solutions and advancing the agency’s goal developing long-term, sustainable solutions to fund future transportation construction projects. By reducing agency costs, commercialising non-interstate rest areas and seeking sponsorship and naming rights for certain infrastructure projects, the Ohio Department of T
    Read More
  • December 16, 2014
    Growing passenger numbers, fare rises for UK rail
    According to Rail Travel, a new market report from business intelligence provider Key Note, in 2013/2014 the total value of passenger receipts for UK rail travel increased by 6.2 per cent year-on-year, and grew by 32.5 per cent over a five-year period. In addition, passenger journeys grew by 23.5 per cent over the five-year review period, with passenger kilometres travelled also growing by 17.9 per cent over the same timeframe. For the purpose of this report, the rail industry in the UK has been split in
    Read More
  • January 30, 2012
    Managed motorways, hard shoulder running aids safety, saves time
    The announcement that, in 2012/13, work to extend Managed Motorways to Junctions 5-8 of the M6 near Birmingham in the West Midlands is scheduled to start marks the next step for the UK's hard shoulder running concept, first introduced on the M42 in 2006. The M6 scheme is in fact one of several announced; over the next few years work will start on applying Managed Motorways to various sections of the M1, M25 London Orbital, M60 and M62. According to Paul Unwin, senior project manager with the Highways Agency
    Read More
  • March 10, 2015
    US public transportation records passenger numbers highest for 58 years
    Americans took 10.8 billion trips on public transportation in 2014, which is the highest annual public transit ridership number in 58 years, according to a report by the American Public Transportation Association (APTA). “In 2014, people took a record 10.8 billion trips on public transportation -- the highest annual ridership number in 58 years,” said Phillip Washington, APTA chair and CEO and general manager of the Regional Transportation District in Denver. “Some public transit systems experienced all-ti
    Read More

Highlighted Content