Possible Routes
The Salmon Weir Crossing – A new bridge A new Bridge The Salmon Weir Crossing A new Bridge
GLUAS – Estimated Costs €200 Million, €9.5 million/ km Central depot 4 park & ride sites New bridge over the Corrib Rolling stock (17 trams) Construction of 21 km of tracks, utilities, 64 stations, electrical sub-stations System when running will employ 75 staff
GLUAS: sources of finance: 3 options Option 1: Public funding Option 2: Private funding Option 3: Public and Private Partnerships
Option 1 Public Funding Government Funding €200 million
Option 2 Private Funding €100m Long Term Loan ( e.g. European Investment Bank) Repayable by revenue From Ticket Sales 12,000 at €2 to €2.50 per Journey & Power Generation Source
Option 2 Private Funding €100 million of Business Expansion type Scheme ( B.E.S) Such as with Car Parks, hotels, nursing Homes, Private Hospitals etc
Option 3 Private & Public Funding €100 million Bank Loan as in Option 2 €75 Million Government Grant €25 Million share Capital From Major Utility or Other Company
Gluas.com is about: Creating a forum for the citizens of Galway Inviting responses, views, initiatives, ideas, criticism and information Providing a collective and shared vision for the future of Galway
GLUAS – Real Benefits for Galway GLUAS will Offer an affordable public transport alternative Provide easy access for all user groups Reduce emissions and air pollution Reduce traffic-related noise