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

  • VIDEO: Virginia approves Hampton Roads Bridge Tunnel expansion
    December 12, 2016
    The US state of Virginia has approved a US$4 billion project to expand the Hampton Roads Bridge Tunnel close to the city of Norfolk.

    The state has been looking at designs for the past 20 years to improve traffic flow in the area, according to a report in the Virginian-Pilot newspaper. Hampton Roads is a body of water making up one of the world's largest natural harbours. The existing structure is close to the US Navy's Atlantic Fleet home base at Norfolk.
    Read More
  • Western Australia roads upgrades being planned
    October 5, 2017
    Three road upgrades are being planned in Western Australia, which will improve safety and journey times for drivers, while cutting congestion at peak periods. Funding for the projects will be provided jointly by the Australian Federal Government and the Western Australia State Government.
    Read More
  • Chinese funding for Senegal road project
    August 21, 2015
    Chinese funding will help deliver the construction of a major new road project in Senegal. A loan worth US$704.6 million will help finance the construction of Senegal’s new 113km highway connecting Touba and Thiès. The contractor China Road and Bridge Construction (CRBC) will carry out the construction works, which is expected to require 45 months to complete. The loan will be paid back over a 25-year period using toll revenues.
    Read More
  • Road projects for Queensland, Australia
    May 6, 2016
    Major highway improvement works are being proposed for Queensland, Australia. The aim of the work will be to reduce congestion along a 4km stretch of highway that suffers long delays during peak periods at present. Some US$129.5 million (A$168 million) of federal funding will has been proposed to widen the highway connecting the Gold Coast with Queensland capital Brisbane, with work possibly starting in 2017. However the project hangs in the balance and depends on the results of an upcoming election process
    Read More

Highlighted Content