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July 15, 2006

Roads and bridges leased to or owned by foreign companies, followed by a list of proposed projects

Highways Glance

By The Associated Press
Saturday, July 15, 2006; 12:49 PM

WASHINGTON (AP) -- Roads and bridges leased to or owned by foreign companies, followed by a list of proposed projects.

ALABAMA: On Dec. 30, 2005, a subsidiary of Australia-based Macquarie Infrastructure Group bought the Foley Beach Expressway bridge for $95 million between Orange Beach and Baldwin County mainland.

CALIFORNIA: In November 2003, construction began on Route 125, a four-lane, 9.5-mile toll road in eastern San Diego. California Transportation Ventures, primarily owned by Macquarie, paid $400 million for a 35-year lease. The road, which is expected to open in the fall, will serve international truck traffic crossing the California-Mexico border at Otay Mesa.

ILLINOIS: On Jan. 25, 2005, the city of Chicago...

Full Story...

Posted by rjorr at July 15, 2006 11:18 AM