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

  • LA confirms $133m transit contracts
    April 5, 2021
    Sepulveda Transit Corridor Project includes rail and monorail solutions for busy road routes
    Read More
  • Move NY Legislation introduced
    March 29, 2016
    A coalition of New York State Assembly Members has unveiled legislation that they say will not only fund Metropolitan Transportation Authority (MTA) capital needs but will create a US$4.5 billion Transit Gap Investment Fund (TGIF) to expand public transit and improve accessibility for millions of New Yorkers, particularly those who live in so-called ‘transit deserts’. Introduced by Assembly Member Robert J. Rodriguez, chair of the subcommittee on infrastructure, and joined by 14 co-sponsors from across t
    Read More
  • IBTTA, ITS America applaud long term FAST Act
    December 2, 2015
    The International Bridge, Toll and Turnpike Association (IBTTA) and ITS America have applauded Congressional committee members on reaching agreement on a long-term surface transportation bill.
    Read More
  • Cofiroute USA to provide toll services for Texas regional authorities
    March 16, 2018
    The Central Texas Regional Mobility Authority (CTRMA) and North East Texas Regional Mobility Authority have selected Cofiroute USA (Cofiroute), a Vinci Highways subsidiary, to deliver toll services that will help them provide a better service for drivers. The five-year contract represents an annual volume of approximately 23 million transactions. Under the agreement, Cofiroute will provide pay by mail processing, collections and customer services on five motorways and expressways in Austin and Tyler. It a
    Read More

Highlighted Content