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ARTICLE · 10 DECEMBER 2014

The Projects And Construction Review, 4th Ed. - Ireland Chapter

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Project finance is a well understood and widely used model for carrying out infrastructure projects in Ireland across all sectors including health, education, roads, rail, waste, water, IT and energy.

IrelandReal Estate and Construction
Conor Owens
Conor Owens
Mary Dunne
Mary Dunne
Michael Kennedy
Michael Kennedy
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I INTRODUCTION

Project finance is a well understood and widely used model for carrying out infrastructure projects in Ireland across all sectors including health, education, roads, rail, waste, water, IT and energy.

Public-private partnerships (PPPs) are the most widely used model of project finance in Ireland. The government set up the National Development Finance Agency (NDFA) in 2006 to procure all infrastructure projects with a capital value in excess of €30 million. The NDFA procures all PPP projects other than in the transport and water sectors.

Roads projects are carried out by the National Roads Authority (NRA) and rail projects are carried out by the Railway Procurement Agency or by Iarnród Éireann.

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