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Reply #4: Va. (2), Texas, and maybe the New Jersey turnpike [View All]

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-17-06 12:06 PM
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4. Va. (2), Texas, and maybe the New Jersey turnpike
Here are just a few of the many other projects either approved or proposed across the country. In Virginia, the rights to manage, operate and maintain the Pocahontas Parkway, an 8.8-mile toll road outside of Richmond, were bought for $611 million by the Transburban Group, also an Australian entity in its first foray into U.S. road management. A lawmaker in New Jersey has proposed selling a 49% interest in the New Jersey Turnpike and Garden State Parkway to a private investor.

In August 2005, the same Macquarie Infrastructure Group took over operations of the Dulles Greenway Toll Road which operates between suburban Virginia and Washington, D.C., for the amount of $533 million. And the anticipated widening and extension of the Trans-Texas Corridor which runs 316 miles and parallel to I-35 in Texas, is slated to be built by Cintra, the Spanish company, and Zachry Construction, out of San Antonio, TX, who plan to invest $7.2 billion.

http://www.opinioneditorials.com/guestcontributors/dgrassi_20060629.html
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