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

  • Innovative traffic information system
    January 31, 2012
    From the roadside James Foster compiles some eye-catching news, deployments and product picks from the work zone
    Read More
  • Fluor: here's how to fix US infrastructure
    June 14, 2018
    US president Donald Trump’s comments about the country’s ‘crumbling infrastructure’ led many in the ITS sector to spot an opportunity to help with other solutions. David Seaton of Fluor ponders the scale of what’s required and considers some projects which have boosted mobility We can no longer wait for future generations to address this nation’s crumbling infrastructure. We need to act now. The problem is substantial, to say the least. The American Society of Civil Engineers predicts that failing to clo
    Read More
  • Ethiopia’s first expressway nears completion
    April 14, 2014
    The Addis Ababa-Adama expressway in Ethiopia will be first expressway in Ethiopia and East Africa when complete and also the first toll road in the nation. It will connect the capital city Addis Ababa to Adama in Nazareth. Construction started in April 2010 and is scheduled to be complete in April 2014. The project is estimated to cost US$612 million and when complete the expressway will be able to accommodate 15,000 vehicles per day. The project is financed through a US$350 million loan from Export-Imp
    Read More
  • Thomas Concrete Group “growing in the US and Europe”
    February 17, 2017
    The Swedish Thomas Concrete Group says it continues to grow in the United States, with the acquisition of three concrete plants in North and South Carolina, complementing the group’s network along the Atlantic coast. At the end of 2016, the Group also acquired three concrete plants in northern Poland. “Through strategic acquisitions in the US states of North Carolina, South Carolina and Georgia, Thomas Concrete Group has over the years achieved a strong position as a key supplier of ready-mixed concre
    Read More

Highlighted Content