Skip to main content

Spanish construction firm Ferrovial wins North Carolina contract

The Spanish construction firm Ferrovial is to handle a US$655 million contract in North Carolina. The 50 year concession package is for the I-77 highway. Under the terms of the package, Ferrovial’s subsidiary Cintra will improve and upgrade the I-77 highway in Charlotte.
June 30, 2014 Read time: 1 min
The Spanish construction firm 2717 Ferrovial is to handle a US$655 million contract in North Carolina. The 50 year concession package is for the I-77 highway. Under the terms of the package, Ferrovial’s subsidiary 930 Cintra will improve and upgrade the I-77 highway in Charlotte.

For more information on companies in this article

Related Content

  • Upgrades underway for Tarrant tollway in Texas
    September 20, 2013
    Financing has been found to fund construction work on the North Tarrant Express (NTE) in Texas. The public-private partnership project for Segment 3A of the route will be carried out by NTE Mobility Partners Segments 3 LLC (NTEMP3). The rebuilding of the I-35W road close to Fort Worth will help reduce traffic congestion on the route at peak periods. The public-private partnership has been agreed between NTEMP3, the Texas Department of Transportation (TxDOT) and the North Central Texas Council of Governments
  • South Carolina highway construction contract for Lane
    March 28, 2018
    Upgrading work for the I-85 route in South Carolina will be carried out by Lane Construction. The project is worth US$181 million and will see an extra lane being added in either direction to the stretch of the I-85 highway that runs through Cherokee County. This project will provide three lanes in either direction, boosting capacity and cutting congestion at peak periods along the route. In addition to building the extra lanes, the contractor will build a number of new interchanges and sections of link roa
  • Indian road deals underway
    April 12, 2022
    Indian road deals have been announced.
  • Spain: €1 billion compensation claims
    July 9, 2012
    A number of major contractors building highways in Spain are demanding compensation to the value of €1 billion from the Ministry for Public Works for having delayed the approval of these projects for an average of 12 months.