Search EN menu en EIB GROUP CLIENT PORTAL
Close EIB GROUP CLIENT PORTAL
Search
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

M7 – M8 Portlaoise PPP

Summary sheet

Release date
29 May 2006
Status
Reference
Signed | 14/06/2007
20050563
Project name
Promoter - financial intermediary
M7 – M8 Portlaoise PPP
The National Roads Authority (NRA), a statutory body established under the Roads Act 1993
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million.
Approximately EUR 400 million.
Location
Sector(s)
Description
Objectives

The project comprises 41km of dual carriage way and associated link roads connecting a Priority TEN route (the M8) with a TEN route (the M7) enabling traffic to pass more rapidly between Dublin and Cork and Dublin and Limerick and is located in an objective 1 region in the West of Ireland.

The project will improve journey times on part of the Prioirity TEN-T road network in Ireland. The project will contribute to the regional development of an ongoing non-transitional objective 1 region of Ireland, relieve congestion from Portlaoise, reduce accident rates and provide associated environmental and health benefits for local residents.

Environmental aspects
Procurement

The project falls under Annex I of the EU Directive 97/11/EC on environmental impact assessment and has been the subject of an EIA, including public consultation. A copy of the EIA can be obtained from the Project website.

The project was advertised in OJEU during September 2005 in accordance Directive 93/37/EEC. The ITN (invitation to negotiate) was issued to short-listed bidders in March 2006. The Concession contract is expected to be signed by July 2007.

Link to source
Summary sheet
M7 – M8 Portlaoise PPP

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

Related publications