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.
Finance & Funding

For more information on companies in this article

Related Content

  • Two Argentina road contracts awarded
    July 25, 2018
    The contracts for two major road projects have been awarded in Argentina. Both of the road contracts will be handled under the PPP model, having been awarded by the Argentine Government. Jose Cartellone Construcciones Civiles will handle the contract for a 780km stretch of the C road corridor, connecting capital Buenos Aires with Mendoza, close to the Chilean border. Meanwhile a consortium comprising Paolini, Vial Agro and INC will handle the contract for 706km of road for the A road corridor, which is loc
    Read More
  • Spanish Government devises plan to nationalise motorways
    March 14, 2013
    The Government of Spain is negotiating the nationalisation of nine reportedly loss-making motorways currently managed by private companies. The motorways in question are managed by firms including Abertis, ACS, Ferrovial, Sacyr, Globalvia, Isolux, Comsa and Azvi. The Government's plan is to launch a new state-owned motorway operator mirroring former operator ENA, and for this company to refinance the assets that are nationalised.
    Read More
  • Kenya key road construction contract awarded
    March 28, 2017
    Contracts for a major highway project in Kenya have now been awarded. Two Chinese contractors will handle two sections of the new highway with the two portions of the project worth nearly US$175 million in all. The project involves improvements to the 206km road that runs through Isebania, Kissi and Ahero in Kenya to upgrade it to highway status. The project is of regional importance for East Africa as it will also connect with South Sudan and Tanzania and become part of a new road connection between the th
    Read More
  • Jacobs Engineering Group wins contract to upgrade Scotland’s A9 highway
    October 3, 2014
    Jacobs Engineering Group has won the contract to upgrade Scotland’s A9 highway which runs from central Scotland to the far north coast, converting the route into a dual carriageway between Perth and Inverness, one of the busiest sections of the route. Jacobs said that the deal will be “one of the largest road infrastructure projects in Scotland’s history.” This is the second of three design contracts awarded for the project; and it covers 44km of the route including 3km of existing dual carriageway betwee
    Read More

Highlighted Content