New road plans for Ireland

A stimulus package worth over €2 billion is being planned by the Irish Government. This will be used to fund infrastructure projects in the country, including major roads in Wexford and Galway. The package comprises funds from the European Investment Bank (EIB), the National Pensions Reserve Fund (NPRF) and the sale of State assets as well as from the public-private partnerships (PPPs). The N11/25 Enniscorthy and New Ross bypasses, and the N17/N18 Gort to Tuam scheme are set to gain also from funding from P
July 25, 2012 Read time: 1 min
RSSA stimulus package worth over €2 billion is being planned by the Irish Government. This will be used to fund infrastructure projects in the country, including major roads in Wexford and Galway. The package comprises funds from the 1054 European Investment Bank (EIB), the National Pensions Reserve Fund (NPRF) and the sale of State assets as well as from the public-private partnerships (PPPs). The N11/25 Enniscorthy and New Ross bypasses, and the N17/N18 Gort to Tuam scheme are set to gain also from funding from PPPs. Ireland’s difficult financial situation means it requires PPPs to allow projects to progress beyond the planning stage.

For more information on companies in this article

Related Content

  • Huge potential of Kenya’s bitumen market
    May 17, 2017
    Kenya’s bitumen demand to grow - Shem Oirere writes. Kenya’s demand for bitumen products is set to increase with recent budget allocations for construction of new roads, ports and airports and for maintenance of existing transport infrastructure. The country’s economic growth rose from 5.3% in 2014 to 5.5% in 2015 and is projected to hit 6% and 6.4% in 2016 and 2017 respectively according to the African Development Bank, triggering demand for better and modern infrastructure particularly in the transport se
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • Indonesia: bauma 2013’s partner country
    March 22, 2012
    Indonesia has a population of 238 million, a gross domestic product of US$720 billion (2010) and is one of the world's 20 largest economies. The building industry is booming and in the raw materials sector major investment is scheduled for the medium term. “All all of which are good reasons why bauma should focus more closely on this economic region and the exciting opportunities it offers for the future,” says Messe München International (MMI), organiser of bauma 2013, to be held in Munich, Germany, from 1
    Read More
  • Indian deal for key highway project
    February 29, 2012
    Work is progressing on the 180km National Highway 18 project in India linking Kurnool and Kadapa.
    Read More

Highlighted Content