6/28/2014
Spanish-Led Consortium Wins U.S. Highway Contract
MADRID – A consortium led by a unit of Spanish infrastructure group Ferrovial obtained a 50-year, $655 million contract to build and maintain a stretch of U.S. Interstate Highway 77 in the state of North Carolina.
The North Carolina Department of Transportation selected Ferrovial’s Cintra Infrastructuras and a U.S. partner, construction company W.C. English, to complete the 41.8-kilometer (26-mile) segment of I-77.
The project is intended to improve links between Charlotte, the state’s largest city, and suburban areas to the north.
Cintra has concessions to maintain 2,180 kilometers (1,354 miles) of roadway in the United States, Canada and Europe.
The I-77 contract brings the value of Cintra’s U.S. projects to nearly $14 billion, Ferrovial said.
Spanish-Led Consortium Wins U.S. Highway Contract
MADRID – A consortium led by a unit of Spanish infrastructure group Ferrovial obtained a 50-year, $655 million contract to build and maintain a stretch of U.S. Interstate Highway 77 in the state of North Carolina.The North Carolina Department of Transportation selected Ferrovial’s Cintra Infrastructuras and a U.S. partner, construction company W.C. English, to complete the 41.8-kilometer (26-mile) segment of I-77.
The project is intended to improve links between Charlotte, the state’s largest city, and suburban areas to the north.
Cintra has concessions to maintain 2,180 kilometers (1,354 miles) of roadway in the United States, Canada and Europe.
The I-77 contract brings the value of Cintra’s U.S. projects to nearly $14 billion, Ferrovial said.
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