Cintra Infraestructuras wins major North Carolina, US highway contract

Spanish firm Cintra Infraestructuras, a subsidiary of Ferrovial, has been chosen by the Department of Transport in the US state of North Carolina (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing
April 14, 2014 Read time: 1 min
Spanish firm 930 Cintra Infraestructuras, a subsidiary of 2717 Ferrovial, has been chosen by the 4027 North Carolina Department of Transportation in the US (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing for the project is expected to be secured in a few months and construction will begin in early 2015.

The I-77 expansion aims to ease congestion in Charlotte. Cintra is now managing US investment worth almost $14.4 billion.
Road Structures

For more information on companies in this article

Related Content

  • Highway traffic management and tunnel safety
    May 14, 2012
    Austria’s new A5 autobahn is now officially open to traffic and the highway is also the first in the country being built under the PPP model. The first 16km stretch of the highway was opened in November 2009 on schedule with the second 35km section now having been opened as well. The contract was carried out by concession company Bonaventura Strassenerhaltungs, a partnership headed by German company Hochtief and Austrian firm Alpine Bau each with 44.4% stakes while French firm Egis Preojects holds the remai
    Read More
  • Poland plans promise projects
    July 6, 2012
    The Polish General Directorate for National Roads and Motorways (GDDKiA) plans to announce over 30 tenders for road investments during the first half of 2009. GDDKiA's budget for 2009 is estimated at €7.68 billion. Among others, a tender will be called for the construction of a ring road around the Polish town of Krasnik and for the construction of the S19 road from Miedzyrzec Podlaski to Lubartow, which will also include the construction of two ring roads around Kocek and around Wola Skromowska. GDDKiA is
    Read More
  • Projects planned for Colombia’s highway connections
    March 10, 2014
    From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
    Read More
  • RiverLinx consortium inks London’s Silvertown Tunnel deal
    November 27, 2019
    The RiverLinx consortium has reached financial close on the €1.17 billion Silvertown Tunnel project after a three-year procurement process by the client Transport for London.
    Read More

Highlighted Content