|
contents | business | |||||||||
| Grupo ACS wins contract in USA The Florida Department of Transportation has awarded the concession of interstate highway I-595 for 35 years to ACS Infrastructure Development, the North American concessions branch of Grupo ACS. The contract, valued at 1,000 million euros, involves the financing, design, construction, operation and maintenance of this road infrastructure for the next 35 years. The construction period has an approximate duration of 5 years and 30 years of operation, which means that ACS will be operating the highway until 2044. Dragados will be in charge of the construction works, which include the execution of three reversible lanes in the existing median strip of the highway and the renewal of nine interchanges. According to the Florida Department of Transport authorities, the expansion, improvement and modernisation of the highway shall be completed in only five years thanks to having opted for the concession and private operations formula. Had they opted for the traditional formula, they estimate the works would have taken between 15 and 20 years. write your comments about the article :: © 2008 Construction News :: home page |