Financial close reached on Ontario’s Highway 401 expansion

Financial close has been reached by the West Corridor Constructors consortium on the US$494.46 million Highway 401 Expansion project near Toronto, Canada. West Corridor Constructors consists of Canadian construction firm Aecon which holds 50%, US-based building products firm Amico, which holds 20%, and US-based infrastructure engineering firm Parson, which holds 30%. The Highway 401 Expansion is a redevelopment and widening project between Regional Road 25 in the towns of Milton and Credit River in th
May 2, 2019 Read time: 1 min
Financial close has been reached by the West Corridor Constructors consortium on the US$494.46 million Highway 401 Expansion project near Toronto, Canada.


West Corridor Constructors consists of Canadian construction firm Aecon which holds 50%, US-based building products firm Amico, which holds 20%, and US-based infrastructure engineering firm Parson, which holds 30%.

The Highway 401 Expansion is a redevelopment and widening project between Regional Road 25 in the towns of Milton and Credit River in the Mississauga area. It comprises two core collector systems of 12 lanes and two 10-lane segments, plus median high occupancy vehicle (HOV) lanes.

Work involves culvert replacements, bridge reconstruction and replacement, ecological restoration and drainage and utilities.

Construction is scheduled to start by the end of the year and take three years.

Finance & Funding

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Winning formula for formwork
    July 19, 2012
    An unusual application of formwork took place recently in France, while formwork using one particular engineering construction kit was used for the first time in Poland. Guy Woodford reports An 80m long wild game underpass is an innovative feature of the Route Nationale 88 (RN 88) expansion in south-west France. For construction of the arched underpass tunnel, a PERI tunnel formwork carriage using VARIOKIT engineering construction kit was used. Thanks to the equipment’s easy handling, along with pre-assembl
    Read More
  • Land costs push up the price tag of the Dhaka-Chittagong Expressway
    August 23, 2018
    Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports.
    Read More

Highlighted Content