Iarnród Éireann has revealed its final four consortia in the competition to build Dublin's new underground DART connector project.
Some of the world's biggest names in construction and engineering are in the race, including Macquarie and Balfour Beatty.
The consortia are:
- BBI Consortium (Balfour Beatty Capital Ltd, BAM PPP Investments Ireland bv, Iridium Concesiones de Infraestructuras, S.A.)
- City Connect Consortium (Macquarie Capital Group Ltd, Cintra Infraestructuras, S.A., Global Via Infraestructuras, S.A.)
- NascRail Consortium (OHL Concesiones S.L., Soares da Costa Concessoes SGPS, SA, Allied Irish Banks, p.l.c., Bombardier Transportation (Holdings) UK Ltd, Pierse Contracting)
- Toto Consortium (Toto Costruzioni Generali S.p.A., Societa Italiana per Condotte d'Acqua S.p.A, Ansaldo STS S.p.A., Condotte Immobiliare S.p.A., Torrena Scavi S.p.A., Rocksoil S.p.A.)
They are battling it out for a public private partnership contract worth €2.5 billion.
Sadly for indigenous building firms, because of the scale of the project, few were in a position to express an interest.
However, it is expected that 7,000 jobs will be created during construction.
Iarnród Éireann says the strong interest in the process ‘represents a vote of confidence in the project from the international market.’
The company will now embark an assessment process, which is expected to take place over the coming months.
