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

  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Nicaragua capital highway route financing secured
    June 26, 2017
    The financing package for a key highway project in Nicaragua’s capital Managua has now been secured.
    Read More
  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • IRF running Zimbabwe workshop
    July 29, 2016
    The IRF is running a workshop in Zimbabwe intended to highlight key success factors for PPPs. The event is looking closely at PPPS, due to the issues seen in many nations, where there are dwindling funds for infrastructure development. As a result of this funding shortage, many governments and infrastructure providers are now considering the prospect of taking up Public Private Partnerships (PPPs for financing of roads and surface transport infrastructure. With this in mind, the International Roa
    Read More

Highlighted Content