€40.5m paid by State to toll operators since 2010

More than €40.5m has been paid by the State over the past seven years to the operators of two toll roads due to lower-than-expected traffic volumes.

€40.5m paid by State to toll operators since 2010

Figures provided by the Department of Transport show that since 2010, over €30m has been paid in compensation to the operator of the Limerick Tunnel and €12.2m to the operator of the M3 Clonee-Kells motorway.

The payments are made by Transport Infrastructure Ireland (TII), under a mechanism designed to compensate the two public-private partnerships if sufficient volumes of traffic don’t use the routes.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited