New motorway deal for Ireland

RSSA 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 7456 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 5525 National Roads Authority to build the new motorway links. Construction work is expected to commence in July 2013 and is due for completion in 2015, with the project costing some €282 million