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

  • ACS wins Los Angeles tolling contract
    March 2, 2012
    Affiliated Computer Services (ACS), a Xerox Company, has won a contract to deploy a new electronic toll system on two of the busiest highways in Los Angeles County. The new system will allowing toll rates to change based on traffic levels to help reduce highway congestion on the new 'ExpressLanes'.
  • Thailand expands transportation infrastructure
    March 11, 2013
    The Thai government is expanding its current transportation systems with plans for 55 transportation projects worth US$72 billion which are expected to be completed by 2020. Of the US$72 billion, 64 percent will be spent on 31 rail projects, 24 per cent on 13 road projects, 7 per cent for seven water transportation projects, and 4.75 per cent is for four air transportation projects. These projects are designed to make Thailand a crossroads for the ASEAN logistics network, enabling cities in the region to be
  • Whole-life road decarbonisation studied
    August 18, 2022
    UK project funded by Department for Transport will look at all aspects of roads’ lifespans
  • Economic stimulus and investment in ITS solutions
    February 2, 2012
    Scott Belcher, President and CEO of ITS America looks at the year ahead