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

  • AMCSI grant for Clearview
    March 5, 2014
    UK business secretary Vince Cable has set out the latest steps the Government is taking to support ‘reshoring’, backing an encouraging trend of manufacturers bringing jobs and production back to the UK from low-cost countries in the East. He has announced the latest winners, including Clearview Traffic Group, GlaxoSmithKline, the Society of Motor Manufacturers and Traders and Cosworth, from a US$409 million government Advanced Manufacturing Supply Chain Initiative (AMSCI) which is helping to rebuild B
  • Major road projects to improve journeys in Merseyside and Cheshire
    September 1, 2017
    Two major new road schemes worth more than US$388 million (£300 million) are set to cut congestion and improve journey times for hundreds of thousands of drivers in Merseyside and Cheshire, UK. Highways England has set out its preferred options for upgrading the key route to the Port of Liverpool and creating a new junction on the M56 near Runcorn following public consultations earlier this year.
  • Parsons Brinckerhoff wins consultancy services contract
    October 31, 2014
    Engineering consultant Parsons Brinckerhoff has secured a nine-year contract with Somerset County Council in the UK to provide engineering consultancy services. Anticipated activity under the framework contract will cover a diverse range of services, including: transportation studies; design of transport improvement and maintenance schemes; environmental planning and consultancy; highways safety studies; structures inspections; and construction management. The contract has been drafted to enable othe
  • Two consortiums compete for Colombia's highway concession
    April 17, 2014
    Two consortiums bid for Colombia's US$927 million Conexión Pacífico 1 highway concession, which is the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. The Pacífico 1 four-lane stretch will run 49 kilometres from Ancón Sur to Bolombolo, and includes the construction of two tunnels and 42 bridges. The Autopistas para la Prosperidad, or highways for prosperity program involves building some 900 kilometres of four-lane highways,