Colorado toll road project receives funding

Funding is being provided for the construction of new tolled lanes on a highway close to Denver, Colorado. The funding will be provided by the US Federal Government in the form of a loan worth US$109 million. In all the project will cost $276 million, with the state providing the majority of the remaining funding required. The funding will be used to widen a 20km section of the route connecting Wadsworth Boulevard with Interstate 25. The widening work is expected to be complete by 2019 and is intended to he
May 5, 2017 Read time: 1 min

Funding is being provided for the construction of new tolled lanes on a highway close to Denver, Colorado. The funding will be provided by the US Federal Government in the form of a loan worth US$109 million. In all the project will cost $276 million, with the state providing the majority of the remaining funding required. The funding will be used to widen a 20km section of the route connecting Wadsworth Boulevard with Interstate 25. The widening work is expected to be complete by 2019 and is intended to help reduce congestion at peak periods along the route.

Finance & Funding

Related Content

  • What kind of future is there for road tolls?
    November 12, 2013
    Hugh Basham, transport strategy and policy director, UK and Ireland, at DHL Supply Chain, enters the ongoing global debate around the use of road tolls Road pricing has always polarised opinion. Whilst road users - who are already struggling to cope with high fuel prices and insurance premiums – may resent the additional expense, environmentalists and frequent drivers often welcome the introduction of tolls as offering an escape from gridlocked roads. Charging to use the road network isn’t a new phenomenon
    Read More
  • New Vietnam North-South highway link planned
    April 12, 2017
    Work on the new North-South Highway in Vietnam is now underway, with preparatory work having commenced in 2016 and construction scheduled for completion in 2020. The project is being carried out under the PPP model, with initial funding being provided by a system of Government Bonds. The project is expected to cost US$2.43 billion to complete. The tender process for the design phase of the project is now opening, while a pre-feasibility study has yet to be carried out. The project is being overseen by Vietn
    Read More
  • New airport link road for Lagos
    March 19, 2019
    A rebuilt highway will improve transport from Nigeria’s commercial centre, Lagos, to its main airport. The project is providing a new highway stretch featuring up to five lanes in either direction from Oshodi on the west of the city out to Murtala Muhammed International Airport, which lies to the north. The work commenced in 2017 and is being carried out by the local contractor Hitech Construction Company. The new route will provide an improved connection from the Apapa Oworonshoki Expressway and the proje
    Read More
  • Second phase for Manila road project
    December 27, 2021
    The second phase for a Manila road project is underway.
    Read More

Highlighted Content