BAM Ireland has won the contract to build the €350m M11 Gorey to Enniscorthy public-private partnership (PPP) motorway project. BAM will lead a consortium, including the Spanish infrastructure group, Iridium, and will begin construction in January 2016 with an expected completion date of 2019. Between 250 to 300 jobs will be created during the project’s duration.
The contract will involve the design, construction, financing, operation and maintenance of 31.4km of the M11 motorway, with sections of dual carriageway and the N80 Link Road routes, together with the design, construction and financing of the 8km single carriageway on the N30 route.
BAM recently completed the €250 million Arklow to Rathnew section of the M11 motorway.
The road, which will be toll free, will ease traffic congestion by bypassing Ferns, Camolin and Enniscorthy.
BAM Ireland chief executive Theo Cullinane said he was pleased to have concluded the agreement with the NRA.
“Following the recent opening of the Arklow to Rathnew portion of the M11, this new motorway will further enhance transport links to the South East,” he said.
“PPP is a highly effective model for investing and developing Ireland’s infrastructure, which plays a critical role in our economic recovery,” he added.
Latest accounts for BAM Contractors Ltd show it made a profit of €7 million on turnover of €306 million in 2013.
BAM has been involved in a number of PPPs in Ireland, including the Newlands Cross junction in Dublin, the M1 Dundalk western bypass, the M7/M8 Portlaoise bypass and the N25 Waterford bypass PPP motorway schemes.
Our image shows the recently completed €250 million Arklow to Rathnew section of the M11 motorway, also built by BAM.