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.

Asphalt milling, paving & compaction Concrete milling, paving & compaction

For more information on companies in this article

Related Content

  • Road accidents make a major impact on Italy’s GDP
    April 3, 2012
    Figures now available from Italy’s transport and logistics commission have highlighted the enormous cost of road accidents in the country. The data reveals that the social cost of road accidents in the country is around €30 billion, or 2% of Italy’s GDP. The country’s road accident rate is higher than many other EU countries, despite having the strictest set of regulations. Italy also suffers from insufficient road infrastructure in comparison with the number of registered vehicles. Accidents in the road tr
    Read More
  • EBRD sets out new loans for Coratia’s road agency, Hrvatske autoceste
    April 1, 2016
    The European Bank for Reconstruction and Development (EBRD) and Hrvatske autoceste – a state-owned company in charge of the construction, maintenance and tolling of Croatia’s motorways – have signed a loan of up to €250 million. The EBRD’s sovereign-guaranteed loan will come in two tranches. The first €200 million will be used to refinance a portion of HAC’s sovereign-guaranteed debt falling due in 2016. The remaining €50 million will finance operational and efficiency improvements and may serve as a
    Read More
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • New motorway deal for Ireland
    May 3, 2013
    A new PPP agreement in Ireland will add a further 50km of motorway to the country’s road network. The new motorway construction will be carried out to the south of capital Dublin. The work will be carried out by the Dutch construction company BAM with financing for this PPP deal being provided by the pension fund manager PGGM. BAM and PGGM signed a PPP contract with the Irish National Roads Authority to build the new motorway links. Construction work is expected to commence in July 2013 and is due for compl
    Read More

Highlighted Content