Ireland Pays Toll Road Operators $43 Million due to Low Traffic Volumes

Irish Examiner reports, “More than €40.5m [almost US$43 million] has been paid by the [Irish] State over the past seven years to the operators of two toll roads due to lower-than-expected traffic volumes.” Transport Infrastructure Ireland (TII) is required to compensate the operating consortia of both the Limerick Tunnel and the M3 Motorway “if sufficient volumes of traffic don’t use the routes,” according to the newspaper.