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

  • Poland plans promise projects
    July 6, 2012
    The Polish General Directorate for National Roads and Motorways (GDDKiA) plans to announce over 30 tenders for road investments during the first half of 2009. GDDKiA's budget for 2009 is estimated at €7.68 billion. Among others, a tender will be called for the construction of a ring road around the Polish town of Krasnik and for the construction of the S19 road from Miedzyrzec Podlaski to Lubartow, which will also include the construction of two ring roads around Kocek and around Wola Skromowska. GDDKiA is
  • Texas highway contract awarded to Ferrovial
    April 16, 2021
    A key Texas highway contract has been awarded to Ferrovial and its subsidiary.
  • US$417 million loan for North Carolina toll road upgrade
    February 20, 2024
    A US$417 million loan will help pay for a key North Carolina toll road upgrade.
  • Ferrovial loses control of Canada’s 407 Express Toll Road
    August 27, 2019
    Ferrovial has lost control of the 407 International highway in Canada, one of the Spanish group's star assets. The Supreme Court in the province of Ontario has ruled in favour of co-shareholder pension fund Canada Pension Plan Investment Board to buy another stake - 10.01% - in the highway. The shares are up for sale by another shareholder, Montreal-based global infrastructure engineering firm SNC-Lavalin. The court denied Ferrovial, which already has the largest shareholding at 43% in the highway, th