cda

TxDOT dumps Trans Texas Corridors - Cintra Zachry contract to be canceled


Texas Department of Transportation (TxDOT) officials plan to announce Wednesday that, in response to citizen comments received during the environmental review of Trans-Texas Corridor-35, the department has recommended the No Action Alternative on the TTC-35 environmental study to the Federal Highway Administration

China welcomes investor tollroads while Texas shuts the door


July 2 2009 should be recorded as an important date in tollroad history. It was the day Chinese regulators gave the green light to Sichuan Expressway Company's Initial Private Offering (IPO) of shares in Shanghai, while in Texas, USA the legislature adjourned for 18 months slamming the door on investor pikes.

Cintra-Meridiam-Dallas Cops group chosen by TxDOT for $1.6 billion of N Tarrant Express toll lanes


Texas DOT is signing a toll concession with an international group led by Cintra to do about $1.6 billion worth of work rebuild some 20km (13 miles) of old freeway into frontage, free and toll lanes and get planning work and rights to negotiate up to several billion dollars more of the North Tarrant Express project. TxDOT got bids from the Cintra-led Group called NTE Mobility Partners (NTEMP) and from Spain based OHL.

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