Road plan costs set to treble, warns CIF

THE cost overrun in the National Development Plan on roads is set to treble, the Construction Industry Federation (CIF) warned yesterday.

Thu, 31 Jul, 2003 - 01:00

Brian O'Mahony, Chief Business orrespondent

The original plan cost the roads programme €5.8 billion in 1999 while the CIF says at todays prices the cost is now a massive €16 billion.

In its Mid-Term Review and Outlook the CIF’s director general, Liam Kelleher said the completion date for the programme had to be put realistically at 2010.

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Courts Place: Dublin Person: Liam Kelleher Person: Kelleher Person: Don O’Sullivan Person: O’Sullivan Organisation: CIF Organisation: Construction Industry Federation Organisation: National Roads Authority Organisation: National Pension Reserve Fund Organisation: Economic and Social Research Institute Organisation: ESRI Organisation: NDP Organisation: National Waste Authority Organisation: Ireland

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