Plan to increase road spending in Washington State

Washington State in the US is considering plans to develop infrastructure in the city of Spokane. The spending however hinges on whether the state will opt to increase local fuel taxes, which could raise the funds necessary. If the increased taxes are voted for, the extra funds could pay for transit and road projects worth over US$1 billion in the Spokane area. Around $879 million would be used for the completion of the North Spokane Corridor. Between Spangle and Colfax, while there would be upgrades to US
July 3, 2015 Read time: 1 min
Washington State in the US is considering plans to develop infrastructure in the city of Spokane. The spending however hinges on whether the state will opt to increase local fuel taxes, which could raise the funds necessary. If the increased taxes are voted for, the extra funds could pay for transit and road projects worth over US$1 billion in the Spokane area. Around $879 million would be used for the completion of the North Spokane Corridor. Between Spangle and Colfax, while there would be upgrades to US 195 worth around $17.6 million over a period of six years.
Finance & Funding

Related Content

  • Mexican authorities set out plan for infrastructure
    March 18, 2014
    The Mexican authorities have set out further details on the country’s ongoing infrastructure development plans. Mexico's Transport and Communications Secretariat (SCT) will commence the call for proposals process for highway projects worth a total of US$2.11 billion. The projects include the Paso Express de Cuernavaca, Tuxpan-Tampico highway, Ciudad Obrego by-pass and Barretal by-pass. They also include widening the Tlalpan and Puebla routes. Around $4.366 billion will be invested in roads in Mexico during
    Read More
  • Pittsburgh Multimodal picks up ‘Mega’ funding
    March 7, 2024
    The Eastern Pittsburgh Multimodal Corridor Project was awarded $142 million from the federal US government’s National Infrastructure Project Assistance (Mega) grant programme.
    Read More
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More
  • Qatar to spend up to $100 billion on road and rail networks before FIFA World Cup
    February 29, 2012
    According to Business Monitor International (BMI), Qatar is expected to spend US$80-100 billion over the next five years to prepare and deliver the infrastructure required to support the huge influx of visitors forecast to attend the 2022 FIFA World Cup.
    Read More

Highlighted Content