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

  • ACS and Ferrovial of Spain interested in U.S. road project
    October 25, 2013
    Spanish construction companies ACS and Ferrovial are both taking part in the tender of the US$1.3 billion Neon Project in the U.S. State of Nevada, through different consortia. Ferrovial is bidding for the project through its subsidiary Cintra Infraestructuras, while Ferrovial has formed a consortium with Fengate Capital Management and Star America Fund GP. The Neon Project involves the extension of a 5.95km road stretch in Las Vegas city, including a bridge and a high capacity lane. The contract is expe
    Read More
  • North Carolina contract for Lane
    October 6, 2021
    Lane Construction is to work on a major North Carolina contract.
    Read More
  • Cintra leads mega-toll project
    July 5, 2012
    A TEAM of private companies led by Spanish toll road operator Cintra has secured its financing for the Texas, USbased mega-toll project, the North Tarrant Express. The project The US$2 billion (€1.4 billion) project will rebuild existing lanes along Interstate 820 and portions of SH 183, and add new managed lanes as well, with construction expected to begin in late 2010.
    Read More
  • Balfour wins US-70 upgrade in North Carolina
    February 14, 2023
    Balfour is already involved in the US-70 Havelock Bypass and US-70 James City projects.
    Read More

Highlighted Content