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 behind
April 27, 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 930 Cintra, NTE Mobility Partners is behind the development of the North Tarrant Express. The 3496 Texas Transportation Commission will fund an additional $150million of the I-35W expansion.

For more information on companies in this article

Related Content

  • Summer paving schedule set for British Columbia
    June 15, 2022
    Around US$40 million will be spent on paving projects by Canada’s Pacific Ocean coast province.
  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
  • $2.5bn plus investment in Canadian highway projects
    April 4, 2012
    Contracts worth a combined value of more than US$2.5billion have been awarded for two major Canadian highway construction projects. Spanish building firm, ACS, has been awarded a US$1.52billion contract to construct a new 27km eight-lane motorway. The contract also includes the operating of the road for 30 years. Meanwhile another Spanish construction firm, Ferrovial, working in association with SNC Lavalin, has been awarded the around US$1billion contract for the 20km extension of the Toronto 407 motorway
  • Texas highway widening project
    May 9, 2022
    A major Texas highway widening project is planned.