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

  • IBTTA’s roll-call of excellence
    September 2, 2022
    Winners of the IBTTA’s Toll Excellence Awards will be presented with their trophies during the 90th Annual Meeting & Exhibition in Austin, Texas
    Read More
  • Chile awards China $1.1bn toll deal
    April 12, 2021
    CRCC will have concession on 195km Talca-Chillán toll highway on Route 5
    Read More
  • US DOT launches Infrastructure for Rebuilding America (INFRA) Grant Program
    July 4, 2017
    The Department of Transportation (DOT) has announced the Infrastructure for Rebuilding America (INFRA) discretionary grant program, which will make approximately US$1.5 billion available to projects that are in line with the Administration’s principles to help rebuild America’s infrastructure.
    Read More
  • IBTTA discussing investment for US highways
    April 19, 2012
    A debate run on Tuesday June 21st by the International Bridge Tunnel and Turnpike Association (IBTTA) will discuss funding problems for the US highway network. Portions of the interstate highway system are more than 50 years old. According to IBTTA, the interstate system is crumbling due to neglect, lack of maintenance, and inadequate funding. From an initial investment of US$129 billion the cost to first build the Interstate highway system, it will now cost the US from $1.3 trillion - $2.5 trillion to rebu
    Read More

Highlighted Content