Texas highway loan stars revealed

A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas. The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer Cintra, NTE Mobility Partners is behi
May 3, 2012 Read time: 1 min
A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas.

The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer 5428 Cintra, NTE Mobility Partners is behind the development of the North Tarrant Express. The 5427 Texas Transportation Commission will fund an additional $150million of the I-35W expansion.

Related Content

  • September 20, 2013
    Funding agreed for reconstruction of Fort Worth I-35W
    A significant milestone in the redevelopment and expansion of Interstate 35W in Fort Worth, one of the most critical and most-congested corridors in the North Texas region and in the country has been achieved by NTE Mobility Partners Segments 3 LLC (NTEMP3). They have reached financial agreement on Segment 3A of the North Tarrant Express (NTE), paving the way for the reconstruction and expansion of the interstate. The project is being financed through a unique combination of public and private funds: US$
    Read More
  • February 18, 2014
    Kapsch TrafficCom awarded Texas tollway extension project
    Kapsch TrafficCom has been selected by North Tarrant Express (NTE) Mobility Partners Segments 3 LLC to provide the toll collection, intelligent transportation and network communication systems for the NTE extension project. The NTE extension is approximately ten miles long, and runs along I-35W north of the city of Fort Worth. Kapsch will deliver ten all-electronic toll zones, including dynamic sign equipment and road sensors that provide the data to enable dynamic toll charges based upon actual traffic
    Read More
  • May 27, 2015
    Consortium wins US$648 million highway project
    I-77 Mobility Partners, a consortium led by Cintra Infraestructuras, a subsidiary of Ferrovial, has finalised a US$648 million contract with the North Carolina Department of Transportation. The group will design and construct 26 miles of toll lanes on Interstate 77 in North Carolina.
    Read More
  • July 31, 2012
    Kapsch wins Texas tolling projects
    Kapsch TrafficCom IVHS, a subsidiary of Kapsch TrafficCom, has been selected to design, build, and integrate the managed lane system (MLS) for both the North Tarrant Express (NTE) and LBJ Express projects in Dallas and Tarrant Counties in North Texas.
    Read More

Highlighted Content