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

  • USDoT pilots show win-win potential for connected vehicles
    December 19, 2017
    Pete Goldin discovers the state of play with connected vehicles trials in the US and the impact of Hurricane Irma on Tampa’s pilot. The US Department of Transportation’s (USDoT’s) connected vehicle (CV) pilot sites have moved into phase 2 of the deployment programme– design, build, test and, maybe most importantly, collaborate.
  • Oklahoma interstates and highways designated as Alternative Fuel Corridors
    November 22, 2016
    The Oklahoma Federal Highway Administration has designated the I-35, I-40 and I-44 highways as alternative fuel corridors, a special designation aimed at improving the mobility of passenger and commercial vehicles that run on alternative fuels. This new designation means special highway signage indicating the nearest alternative fuelling station will eventually be placed along these highways by the Oklahoma Department of Transportation. The federal Fixing America’s Surface Transportation Act directed th
  • UK Autodrive consortium to develop driverless cars
    December 9, 2014
    An Arup-led consortium, UK Autodrive, has won the UK Government’s US$15.6 million ‘Introducing Driverless Cars’ competition. Other members of the consortium are Milton Keynes Council, Coventry Council, Jaguar Land Rover, Ford Motor Company, Tata Motors European Technical Centre, RDM Group, MIRA, Oxbotica, AXA, international law firm Wragge Lawrence Graham & Co, the Transport Systems Catapult, the University of Oxford, University of Cambridge, and the Open University. The aim of the project is to establis
  • Rhode Island’s Rhode Works ‘a bold move’, says IBTTA
    February 12, 2016
    The International Bridge, tunnel and Turnpike Association (IBTTA) has applauded Rhode Island Governor Gina Raimondo and state legislators for passing Rhode Works to raise revenue for much-needed bridge repairs and maintenance across the state. According to the Rhode Island government, Rhode Island ranks last in the US in overall bridge condition, with about 22 per cent of the 1,162 bridges in the state structurally deficient. Officials plan to fix more than 150 structurally deficient bridges in the state an