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

  • Road charging the way forward for road funding?
    May 23, 2012
    Major changes will be required in the way that highway infrastructure investment is funded in many developed nations. Fuel taxation is a key source of income for governments, with some countries (such as the US) using a set sum for road repairs, maintenance and new construction. Fuel taxation is a proportional way to fund road infrastructure improvements, basically as larger vehicles or those that are used more, will pay more.
    Read More
  • Italian highway bridge and tunnel link
    February 21, 2022
    A major Italian highway bridge and tunnel link is under construction.
    Read More
  • Sumatra’s key highway project
    March 24, 2025
    Completion is due for an important stretch of Sumatra’s key highway project.
    Read More
  • World Bank providing loan for key Kenyan roads
    October 9, 2012
    The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
    Read More

Highlighted Content