The eight projects along with three pilot projects include a total of 230 km of roads. The total projects investment is estimated at £1.03 billion (US$1.53 billion). The private sector is expected to provide about £700 million (US$1.04 billion).
The projects are the following:
The PPP projects will involve the design, build, finance, operation and maintenance (DBFOM) of the new roads for a period of 30 years.
Last week we reported that the Jack Lynch Tunnel/Dunkettle interchange in Cork, Ireland, could be upgraded through a public private partnership (PPP) project due to lack of government funding. The total project investment is estimated at €90 million (US$95.2 million).
Last month the NRA selected a team composed by BAM PPP, PGGM and Iridium (ACS) as the preferred bidder for the M11 Gorey to Enniscorthy PPP Scheme. The project, which will be developed on a design, build, finance and operation (DBFO) basis, involves the construction of about 40 km of new roads. The total project investment is estimated at €200 million (US$211.7 million).