Skip to main content

The UK’s first local authority controlled PFI road project has now opened to traffic Ireland focuses budget on road maintenance

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.
May 18, 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

  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
  • Slovakia to spend US$10.76bn on road infrastructure by 2016
    February 15, 2013
    Slovak Prime Minister Robert Fico says his government plans to spend US$10.76 billion (€8bn) on improving road infrastructure until the end of its term in office in April 2016. The plan includes the construction of 140km of motorways and expressways before April 2016, while a further 310km are hoped to be under construction, and 200km should be ready for the start of the building works. Fico says the completion of the D1 motorway remains the priority of the government, and that by the end of his term in off
  • Colombia: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation