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Consortium close on £250m roads deal

An Amey, Lagan and Ferrovial Agroman consortium has achieved financial close on the Northern Irish government's road service DBFO Package 2 contract.

The 30-year £250 million project for the Department for Regional Development has already pre-commencement works on site.

Construction work will be undertaken by a joint venture between Ferrovial Agroman Ireland and Lagan Construction. Amey will be responsible for operations and maintenance work, which will start in the New Year.

The project forms part of Northern Ireland’s £18 billion investment strategy, ‘Building a Better Future’. Under the scheme, the region’s schools, roads, water, waste, health and office infrastructure will all be improved over the next decade.