Skip to main content

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.

Related Content

  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
  • South Carolina highway deal for Michael Baker International
    June 21, 2016
    Engineering and consultancy firm Michael Baker International will work on a major highway reconstruction project in Colombia, South Carolina. The project is intended to improve the commute for drivers in the state. The South Carolina Department of Transportation (SCDOT) has awarded Michael Baker International a US$8.8-million contract to provide construction engineering and inspection services for an 17.6km section of Interstate 20 (I-20) in Lexington County. The section of I-20 is a main artery into and
  • Polish road projects commencing shortly
    November 19, 2015
    Two major road projects are planned for Poland. Spanish construction firm Dragados intends to start work building a 25km ring road around the Polish city of Radom in the second half of 2016. The road will cost over €171.67 million to construct and will be completed in 2018. The work includes building four bridges, four junctions and two pedestrian bridges. The new ring road will form a part of the S7 road and reduce journey time between Krakow, Kielce and Warsaw.
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans