Cintra Infraestructuras wins major North Carolina, US highway contract

Spanish firm Cintra Infraestructuras, a subsidiary of Ferrovial, has been chosen by the Department of Transport in the US state of North Carolina (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing
April 14, 2014 Read time: 1 min
Spanish firm 930 Cintra Infraestructuras, a subsidiary of 2717 Ferrovial, has been chosen by the 4027 North Carolina Department of Transportation in the US (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing for the project is expected to be secured in a few months and construction will begin in early 2015.

The I-77 expansion aims to ease congestion in Charlotte. Cintra is now managing US investment worth almost $14.4 billion.
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