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« Indonesia launches China-financed power projects | Main | Goldman Sachs's Conflicts of Interest Convulse Chicago, Indiana » July 15, 2006Roads and bridges leased to or owned by foreign companies, followed by a list of proposed projectsHighways Glance By The Associated PressSaturday, 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 |
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