FCC and Sacyr Vallehermoso to build the M50 Highway in Dublin
Ireland’s National Roads Authority has selected the ICON consortium, which comprises FCC (45%), Sacyr Vallehermoso (45% through its infrastructure subsidiary, Itinere) and PJ Hegarty (10%), as Preliminary Preferred Tenderer to design, build, finance and manage the M50 ring road in Dublin, Ireland.
The concession is for 35 years. Work is expected to commence in August 2007 [...]