FCC Filtro Noticias
Search filter

Globalvia opens its second motorway in Ireland

29/08/2010

Globalvia opens its second motorway in Ireland

It will operate the M-50 Dublin ring road until the year 2042

Globalvia opens its second motorway in Ireland

Irish Minister for Transport Noel Dempsey, accompanied by executives from the concession companies, opened the M-50 motorway ringing Dublin, which was built by a joint venture featuring FCC. The investment in this section of road came to 300 million euro.

This is the second motorway managed and operated in Ireland by Globalvia, an infrastructure concession company in which FCC and Caja Madrid hold interests. The concession in this case will last until 2042. Globalvia and Sacyr each have a 45% interest, and local group PJ Hegarty holds the remaining 10%.

The M-50 is one of Ireland's most-important motorways, because, in addition to routing traffic around the country's capital, it plays a part in the Irish high-capacity road system.

The work to improve the M-50 and increase its capacity has been completed four months ahead of schedule. This marks the end of a job of great technical complexity affecting an urban artery that registers a traffic level of more than 100,000 vehicles a day.

In 2009 Globalvia cut the ribbon on the M-6 motorway between Galway and Ballinasloe, in western Ireland. The M-6 is a public/private concession under a contract that lasts until April 2037 and is worth a total of 475 million euro.

 

Available languages:

ca_ES en_US es_ES