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25/01/2011

Investment For National Roads Programme

Ireland's Transport Minister Pat Carey has announced that €866.96 million will be invested in the National Roads Programme in 2011.

At the beginning of each year the Transport Department makes the figures available. The figures for the Regional and Local Roads Programme will be released later.

According to the Department of Transport the funding announced today will provide for 4 new significant schemes; Belturbet, Longford and Tralee By-Passes and Cork Southern Ring Road Interchanges.

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It continues to fund the final payments due in respect of the five major inter-urban routes completed in 2010.

In addition, it continues to fund payments on existing PPP projects and to work with tenderers on two new PPP projects, namely: M17/18 Gort-Tuam and N11 Arklow-Rathnew/N7 Newlands Cross projects.

Provision is also being made for continued investment in targeted schemes which contribute to improved road safety.

Commenting on the funding announcement Minister Pat Carey spoke of the benefits of the expansion of the roads network.

"Our modern road and motorway infrastructure has helped reduce fatalities on our roads, an aim which the Government will continue to pursue relentlessly.

"The transport infrastructure we have developed in recent years is vital to our economic recovery and underpinning the National Recovery Plan 2011-2014 is an investment of over €4.8 billion in our national transport infrastructure," he said.

(GK)

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