Construction firm Balfour Beatty has been chosen as the preferred bidder for a major road scheme in the Republic of Ireland, it has announced.
The company, in consortium with the Royal BAM Group, was awarded the 250 million contract by the National Roads Authority to carry out the work on the N17/N18 Gort to Taum road scheme.
The work is a long-term 25-year concession, in which Balfour Beatty will help design, build, finance, and maintain around 57km motorway between the two locations on the west coast of Ireland.
Other projects to be carried out include the construction of 38 bridges and a major intersection with the M6 Dublin to Galway motorway.
Construction is due to begin next year, with the aim of completing the road by the end of 2014.
Ian Tyler, chief executive of Balfour Beatty, which will invest 17 million of equity in the project, said the company was “delighted” to be awarded the major contract.
He said: “We are delighted to be named as preferred bidder for the delivery of this major infrastructure scheme in Ireland, which will significantly improve safety and reduce journey times. We look forward to working with our consortium partner, BAM, to deliver a first- class roads scheme, which will be our first in the Republic of Ireland.”