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.
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.
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.
