Ohio's highway investment

The US State of Ohio is planning an increase in spending on road construction for 2010. The authorities intend to increase spending by 30% over previous years to some US$2 billion.
February 9, 2012 Read time: 1 min
The US State of Ohio is planning an increase in spending on road construction for 2010. The authorities intend to increase spending by 30% over previous years to some US$2 billion. Part of the increase has been attributed to federal stimulus funds worth $1.1 billion that have been granted for projects getting underway in 2010 and 2011. Over 125 projects this season are located in the seven counties of the district and include: three intersection projects along the Ohio 4 bypass in Butler County, worth $25 million; completion of reconstruction work on the I-275 between Winton Road and US 42; and the beginning of the Mill Creek Expressway project, worth $664 million and located in Hamilton County. Altogether there will be 1,600 projects under construction in 2010, including cycleway, pedestrian, bridge, pavement and interstate projects.
Road Structures

Related Content

  • Mixed US transportation outlook for 2012 according to ARTBA
    April 26, 2012
    The outlook for the 2012 transportation construction market is mixed, according to the American Road & Transportation Builders Association's (ARTBA). The 2012 Transportation Construction Market forecast from ARTBA shows that the industry will face uncertain times during next year.
    Read More
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • Shortlist set for Norway’s Sotra PPP project
    May 21, 2020
    Sotra Link, Itias and Vis Sotra are vying for the $1.15 billion deal.
    Read More
  • Road pricing revenue a source of investment funds
    February 16, 2012
    When channelled back into the road sector, revenue from road charging is seen by many as a source of additional investment and research funds as Patrick Smith reports. Late in 2010, three major European organisations put out a policy statement calling for fair charging for greener, smarter and safer road infrastructure. ASECAP (the European toll road operators organisation); ERF (European Road Federation) and the IRU (International Road Transport Union), said that in recent years the concept of road chargin
    Read More

Highlighted Content