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

  • Covid turns tolls cashless
    December 23, 2021
    When coronavirus hit, Pennsylvania Turnpike Commission made its long-planned e-tolling system permanent; this made sense, but it was still a difficult decision, explains the organisation’s Carl DeFebo
  • ADB to fund Jaipur metro extension
    May 30, 2014
    The Asian Development Bank (ADB) will provide a $176 million loan to construct Jaipur Metro's phase-I (B) project, an additional 2.3 kilometre underground stretch from Chandpole to Badi Chaupar, along with two stations, that should be ready to provide access to the central business district by March 2018. A 9.7 kilometre long elevated line 1 of the metro from Mansarovar in the western part of the city to Chandpole is under construction on the western edge of the central business district and will open by
  • Managed lane operators: meet the CAV pioneers
    June 26, 2018
    There is some controversy over the testing of connected and autonomous vehicles – but Robert Deans of Transurban North America explains how managed lanes could be vital in the development of CAVs, benefiting everyone. Managed lane operators have the opportunity to establish themselves as leaders in the testing and roll-out of connected and automated vehicles (CAVs), assisting and accelerating the transition of CAVs onto road networks to deliver economic and safety benefits. Managed lane facilities
  • Improving, integrating weather monitoring for safer roads
    February 6, 2012
    Paul Pisano, USDOT Federal Highway Administration, and Charles Harris, Noblis Inc, chart progress in the US of Maintenance Decision Support Systems for winter maintenance and weather management