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.

For more information on companies in this article

Related Content

  • Siemens wins major UK orders
    August 4, 2014
    Siemens has been successful in winning major orders in Somerset and Wales in the UK. A significant order has been placed by Carillion on behalf of Somerset County Council for a range of ELV traffic control equipment required for a new road under construction in Taunton.
  • Dynamic Message Signs : Don’t replace, refurbish and upgrade
    August 12, 2015
    Refurbishing old dynamic message signs can save money and increase technical capabilities as David Crawford discovers. Evidence is growing on both sides of the Atlantic of the scope for retrofitting old or technically out-of-date dynamic message signs (DMS) with new electronic equipment, to save on the costs of installing full-scale replacements. In the last four months of 2014, a number of US states progressed programmes that achieved savings of more than US$1.75 million (€1.56million).
  • EBRD, EU and Austria improve Skopje’s roads
    September 29, 2014
    Investment from the EBRD and help from Austria and the EU is helping Skopje, the capital city of FYR Macedonia, to upgrade one of its major streets, install a modern traffic management system and improve road safety. Although 45 million journeys are made on the city’s public transport each year, the growing number of vehicles on the streets has made improving congestion a priority for the municipal authorities. In addition, inadequate safety measures and the high volume of pedestrians mean that road safe
  • IBTTA announces new executive director and CEO
    December 18, 2024
    Kathryn Clay will start in January 2025 after Pat Jones' two-decade tenure