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

  • Key link upgrade for Washington State
    February 23, 2012
    The US state of Washington's Department of Transportation (WSDOT) has awarded a major contract to rebuild and upgrade State Route 520 in King County.
  • Financing found for Colombian key construction contract
    December 19, 2017
    Financing has now been secured for a key highway project in Colombia. The project is for the Bogota-Girardot 4G road concession, with a loan from Colombia's national development bank, Financiera de Desarrollo Nacional (FDN), providing the necessary financing.
  • Texas project awarded to Fluor Corporation
    April 6, 2017
    Fluor Corporation is to handle a contract in Texas for the construction of the Texas Department of Transportation’s (TxDOT) US 287 Project in Ellis County. The site is located to the south of Dallas and Fluor will book the undisclosed contract value in the first quarter of 2017. “This is a significant strategic milestone for Fluor and will not only help us firmly establish our position in the bid-build market, but also help us to expand our market offering beyond the traditional design-build and private
  • Vietnam's new bridge deal
    February 14, 2012
    Funding and assistance from Australia, South Korea and the Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam.