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

  • Vietnam plans bridge link upgrade
    July 10, 2017
    A bridge project is being planned in Vietnam’s Ho Chi Minh City that will span the Saigon River. The project is for the Thu Thiem 4 Bridge, which will measure 2.16km and connect District 2 with District 7.
    Read More
  • FETC innovation from Highway Toll to ITS Taiwan smart city
    March 6, 2017
    FETC innovation from Highway Toll to ITS Taiwan smart city – a Global Road Achievement Award winner says IRF. The Far Eastern Electronic Toll Collection Company (FETC) has a bold vision for the future. FETC has achieved the most successful BOT project for ITS traf_ c management; it turns the traditional highway toll collection system into an integrated intelligent electronic toll collection (ETC) system for mobility management.
    Read More
  • New funding helping Nepal plan for road development
    January 5, 2016
    The Nepalese Government is planning to spend a healthy US$ 1.3billion on developing major infrastructure projects. New roads and highways as well as energy projects are being prioritised. Funding will be provided jointly through the World Bank and the US Government body the Millennium Challenge Cooperation (MCC), as well as the Government of Nepal. The Kathmandu-Tarai Fast Track project has been suggested as a top priority. One-third of the funding will come from the World Bank, MCC and government while the
    Read More
  • Canada: National Bank and Axium refinance Sea-to-Sky Highway
    July 19, 2016
    National Bank Financial and Axium Infrastructure have refinanced the Sea-to-Sky Highway Improvement Project in the Canadian province of British Columbia. A statement from Axium said that the US$427 million 25-year public-private-partnership had “strong investor support and an A2 rating from Moody’s”. The Sea-to-Sky Highway Investment Limited Partnership - Axium Infrastructure, Régime de Rentes du Mouvement Desjardins and Nova Scotia Pension Agency - is the consortium in charge of the concession. In
    Read More

Highlighted Content