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

  • Astaldi wins Polish S7 contract between Naprawa and Skomielna Biala
    March 3, 2016
    Astaldi, a global construction company based in Rome, has won a contract worth nearly €222 million for construction of Poland’s S7 dual carriageway between Naprawa and Skomielna Biala. The contract, awarded by the Polish General Directorate for National Roads and Motorways (GDDKiA), includes construction of a 2km tunnel under the Lubon Maly massif, 38 bridges and viaducts and three motorway services. There will also be 25km of access roads and two junctions. The north-south S7, when completed, will ru
  • Portuguese tunnel and link road contracts awarded
    July 14, 2014
    A consortium of contractors comprising Teixeira Duarte and EPOS will handle the construction of Portugal’s Marao Tunnel. The consortium won the tender with a bid of €88.1 million. The tunnel will measure 5.9km long when complete. Separate deals for other sections of the route have also been awarded. The section at Amarante will be handled by Opway, which offered a €29.5 million bid. A consortium comprising contractors Ferrovial and Lena will handle the Vila real section, having offered a bid of €28.8 millio
  • New Zealand highway project on track
    November 15, 2018
    Progress is being seen in New Zealand for the US$456.5 million (NZ$709 million) project to construct a highway connecting Puhoi with Warkworth. The new route will feature dual lanes in either direction and should be ready for traffic towards the end of 2021. Vehicle numbers are increasing in New Zealand and by 2026, the route is expected to carry 35,000 vehicles/day. The project includes extending the Northern Motorway and linking it to the SH1 routes, which involves removing 4 million m3 of spoil.
  • Costs climb for constructing Mexican tunnel
    August 20, 2014
    Climbing costs are afflicting the construction of the key Coatzacoalcos tunnel connection in Mexico. Concesionaria Tunel de Coatzacoalcos is the firm handling the construction and concession for the Coatzacoalcos immersed tunnel. The company claims that costs have climbed 150%, from US$153.23-$383.1 million. Concesionaria Tunel de Coatzacoalcos is controlled by Spanish construction firm FCC Construcciones and says that the climbing costs are caused by delays due to the climate, problems purchasing land and