Ireland focussing on road maintenance

Ireland's Ministry of Transport is focussing on road maintenance rather than building new links at present.
March 15, 2012 Read time: 1 min
3965 Ireland's Ministry of Transport is focussing on road maintenance rather than building new links at present. With the country’s economy still struggling under a burden of debt, finances are limited. Around 30 road maintenance projects are planned to be carried out in in Ireland during 2012. The Irish Government intends to invest around €200 million/year on road maintenance until its finances improve. New road projects are being delayed and will be held back until 2016 or 2017.

For more information on companies in this article

Related Content

  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • Tunisia's road strategy
    March 1, 2012
    A technical study worth US$5.9 million (€4 million) is starting for Tunisia's Kairouan-Enfidha highway.
    Read More
  • Cameroon’s road investments growing the road network
    December 15, 2023
    Cameroon’s road investments are expanding the country’s road network.
    Read More

Highlighted Content