THE Limerick Tunnel is a public private partnership enterprise which has a 31-year life span from yesterday’s opening.
Direct Route, the PPP company which yesterday took over the tunnel road, comprises John Sisk & Son (Holdings Ltd), Roadbridge Ltd, Lagan Construction Ltd and an Austrian company, Strabag, together with Meridiam Infrastructure and Allied Irish Banks plc.
Direct Route will employ around 100 to operate and maintain the tunnel roadway and Lagan Projects Ltd will be responsible for the day-to-day operating and maintenance of the roads and tunnel. The tolling operating is carried out by The Intolligent.
The Limerick Tunnel connects the M7 Dublin to Limerick route with the N18/M18 Galway to Limerick road and completes the southern bypass of Limerick.
Peter Malone, chairman of the National Roads Authority, said: “Drivers can now bypass the notorious bottleneck along the Dock road in Limerick city and travel under the Shannon, to and from Shannon airport, Ennis and on to Co Galway. Additionally this project improves driver safety, enhances the quality of life for the residents of Limerick city while improving regional competitiveness. It will contribute positively to growth in tourism, high-end manufacturing and growing business services sector throughout the entire mid-west.”
Transport Minister Noel Dempsey said that by the end of the year all our major cities, together with towns and villages between them, will be accessible via a world-class road network, which will offer safer and more reliable travel for people.”
Gerry Cawley, chairman of Direct Route Limerick Ltd, said the tunnel represents a major milestone of the development of the Atlantic Corridor and will deliver major economic, environmental and commercial benefits to the local community.
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