Skip to main content

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

  • Fluor JV to build Texas expressway
    June 1, 2015
    A Fluor-led joint venture, Colorado River Constructors, a partnership with Balfour Beatty Infrastructure, has been awarded a four-year design-build contract by the Central Texas Regional Mobility Authority to provide design and construction services valued at US$581 million for the Bergstrom Expressway Project located in Austin, Texas. According to Fluor, the project provides the most significant improvements to the US Highway 183 corridor since the mid-1960s. The joint venture will design and reconst
  • Cintra, Plenary team up to compete for Australian toll road projects
    February 15, 2017
    Cintra and Plenary, which have a long history of partnering on infrastructure projects, have combined to create a joint venture business to compete in the Australia and New Zealand road infrastructure market, with a focus on toll road and concession projects. Netflow brings construction capability through Cintra’s sister business Ferrovial Agroman. Cintra CEO Enrique Diaz-Rato said Netflow will play an important role in creating competition in the sector by looking to develop roads with a sharp focus on
  • Road user charging potential solution to transportation problems
    December 14, 2012
    A number of new and highly significant open road tolling schemes have just been launched or are soon to ‘go live’. Systems of road user charging are flexing their muscles as the means to solve politically sensitive transportation problems, reports Jon Masters. Gothenburg, January 2013, will be the time and place for the launch of the next city congestion charging scheme in Europe. In a separate development, Los Angeles County’s tolled Metro ExpressLanes began operating in November 2012 – the latest in a ser
  • Developing integrated transport networks
    September 20, 2012
    A major initiative in managing numerous transport networks as a single system has moved into a significant phase with design of sophisticated new ITS systems. Jon Masters reports. Detailed design work is under way on two pilot projects pursuing a common principle – that transportation can be made more efficient or effective if the various networks and modes of travel are managed as a whole system. This is the central tenet of the US Department of Transportation’s (USDOT) Integrated Corridor Management (ICM)