THE operator of the €328 million N4/N6 Kilcock-Kinnegad motorway increased its profits almost threefold on the tolled route last year, revealing results exceeded expectations.
Taxpayers will have to compensate the operators of the new M3 motorway if the number of motorists using the road falls below agreed targets, it has emerged.
FOUR of the five people who were arrested yesterday during a demonstration against the controversial M3 motorway being routed close to the historic Hill of Tara were detained in prison last night.
Tolls collected from the planned M3 motorway will go directly to a private company according to reports released today.
IN your issue of January 17 you quote the M4 Eurolink operations manager as saying they estimate time savings on the motorway of up to an hour on a round trip.
Up to 100 truckers have mounted a two-hour demonstration on the new Kilcock-Kinnegad bypass to protest against the high tolls being levied on the road.
Transport Minister Martin Cullen today defended the €2.50 toll on the new Kilcock/Kinnegad Bypass – the most expensive in the country.
SIAC Construction Limited, one of Ireland’s leading infrastructure providers and building services groups, has announced the completion of an €82m syndicated banking facility with three leading Irish banks.
SIAC Construction and Spanish infrastructure giant Cintra have landed the €600 million contract to build the controversial M3 motorway linking Dublin with the Meath towns of Navan and Kells, the National Roads Authority said yesterday.
Construction group Morgan Sindall is to help build a stretch of the Channel Tunnel rail link after winning a key contract today.
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