Skip to main content

Highways expansion project in Los Angeles area

A loan worth US$629 million will help pay for a highway upgrade for the I-405 route in Orange County, California. The stretch of I-405 connects with Costa Mesa, on the southern side of Los Angeles. The federal loan is being provided by the US Department of Transportation to the Orange County Transportation Authority (OCTA). The work is to upgrade a 22.4km stretch of I-405 between its junction with the I-605 Interstate, close to Rossmoor, and the SR 73 route at Costa Mesa, which connects with the nearby John
August 9, 2017 Read time: 2 mins

A loan worth US$629 million will help pay for a highway upgrade for the I-405 route in Orange County, California. The stretch of I-405 connects with Costa Mesa, on the southern side of Los Angeles. The federal loan is being provided by the 2364 US Department of Transportation to the 3300 Orange County Transportation Authority (OCTA). The work is to upgrade a 22.4km stretch of I-405 between its junction with the I-605 Interstate, close to Rossmoor, and the SR 73 route at Costa Mesa, which connects with the nearby John Wayne Airport. In all this highway upgrade project is expected to cost $1.9 billion, with work scheduled to commence in 2018 and finish in 2023. The rest of the financing package for the project has yet to be announced. New lanes will be added in both directions, including express lanes that will be tolled except for vehicles with multiple occupants.

For more information on companies in this article

Related Content

  • Eurovia wins US road contracts in North Carolina
    November 2, 2018
    Eurovia has won two major road contracts in the US worth a total of US$480 million. A subsidiary of the French company Vinci Construction, Eurovia will work on design-and-build contracts that will help improve two road corridors in North Carolina. Eurovia’s work on I-485 in Charlotte involves adding a 26km express toll lane in each direction as well as a free high-occupancy-vehicle lane. The project aims to improve traffic conditions on the highway, which is used by 146,000 vehicles/day and suffers severe
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
  • Australian highway works in Queensland and NSW
    June 3, 2022
    Highway works in Australia’s Queensland and NSW states.
  • Funding for Washington-Oregon bridge project
    May 15, 2023
    A funding plan is proposed for the new Washington-Oregon bridge project.