Skip to main content

Texas road projects being planned

The Texas Transportation Commission is planning a 10-year programme for key road projects. Included in this programme will be a four-year programme of works aimed at reducing congestion around the state’s major cities. This will be worth some US$2.5 billion. However for the funding to be secured, the Texas Department of Transportation will require the necessary financing agreed for public bridges and roadways during 2015. The funding plan calls for a portion of taxes from car sales to go to the State Highwa
March 11, 2017 Read time: 1 min
The 3496 Texas Transportation Commission is planning a 10-year programme for key road projects. Included in this programme will be a four-year programme of works aimed at reducing congestion around the state’s major cities. This will be worth some US$2.5 billion. However for the funding to be secured, the Texas Department of Transportation will require the necessary financing agreed for public bridges and roadways during 2015. The funding plan calls for a portion of taxes from car sales to go to the State Highway Fund. This change is expected to bring in $5 billion for highway investment over the next two years.

For more information on companies in this article

Related Content

  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
  • Russia's massive transport programme
    May 2, 2012
    Russia is rolling forward with a massive programme of road building and reconstruction. The plans call for some 5,700 km of federal highways to be repaired by 2017. At present, only 38% of Russia's roads are in good condition and this has been identified as a key priority for improvement by the country's Government.Meanwhile the authorities in the Russian city of St Petersburg have a target infrastructure investment programme for 2012 as well as plans for 2013 and 2014
  • HighwaysUK event being held in London
    November 9, 2015
    Highways planning in England is at a historic turning point. That is the message that former transport minister Steve Norris will be bringing to the HighwaysUK conference at ExCel London, 25-26 November. Norris speaks from a position of some experience having worked at the highest levels in both the public and private transport sectors. He is in no doubt that the recent shake up that has transformed the Highways Agency into Highways England is the start of a new era. He said, “It’s not just a badge chang
  • Nepal sets major infrastructure programme in motion
    February 15, 2012
    The Nepalese Government is setting out a strategy to invest heavily in its transport connections. The country has set a budget of US$5.49 billion for the fiscal year 2011-2012, with $530 million to be spent on the infrastructure development programme.