- Signs of a Breakthrough in the Gateway Project Funding Dispute
- CTRMA Contracts for Police Assistance with Scofflaw Crackdown
- MDTA Updates Motorists on Progress of Toll System Upgrades
- Metro Pacific Expects Philippines to Approve $1.8 Billion Toll Road Proposal
- Two Canada Pension Funds Compete to Acquire India Toll Roads Portfolio
- These are some of the toll industry developments TRN is following.
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Signs of a Breakthrough in the Gateway Project Funding Dispute
Associated Press reports, “A glimmer of hope has appeared in the seemingly intractable dispute over who will pay for improvements to the century-old rail infrastructure connecting New Jersey to New York and points north and south. Recent comments by federal transit officials indicate that a $1.6 billion project to build [the Portal North replacement bridge] over New Jersey’s Hackensack River is making progress toward clearing a hurdle currently standing in the way of its receiving the federal funding needed to begin construction.” The bridge project is reported to be the segment of the multibillion dollar Gateway Project closest to being construction-ready.
Gateway Program (Northeast US Rail Tunnels Project) New Jersey New York New York City US Department of Transportation (USDOT)CTRMA Contracts for Police Assistance with Scofflaw Crackdown
KXAN reports, the Central Texas Regional Mobility Authority Board last week approved an agreement with two counties that will station law enforcement officers on authority toll roads to apprehend habitual scofflaws. According to the article, “Deputies and off-duty officers will be stationed by toll road cameras. If the camera recognizes a repeat violator the officer will be notified.” It adds that habitual offenders “could have their vehicles banned from toll roads or impounded.”
Austin (TX) Metro Area Central Texas Regional Mobility Authority (CTRMA) Scofflaws TexasMDTA Updates Motorists on Progress of Toll System Upgrades
The Maryland Transportation Authority issued a reminder to motorists to be alert for bridge and roadway work incidental to installation of its “next generation” electronic toll collection system. In addition to ongoing work at the Baltimore Harbor Tunnel, Fort McHenry Tunnel and Francis Scott Key Bridge, MDTA has started tollbooth removal at the Hatem Memorial Bridge (US 40) as part of the implementation of cashless toll collection.
AET (All-Electronic Tolling) Maryland Maryland Transportation Authority (MDTA)Metro Pacific Expects Philippines to Approve $1.8 Billion Toll Road Proposal
Manila Standard reports, “The Metro Pacific group said it expects to receive the original proponent status for an unsolicited proposal to build a P92-billion [approximately US$1.8 billion] toll road, including a tunnel below Rizal Park, to link North Luzon Expressway and Manila-Cavite Expressway. NLEx Corp. president Luigi Bautista said the firm submitted the proposal . . . to the Public Works Department in 2018.”
Infrastructure Investment Trends Metro Pacific Tollways Corporation P3 & Privatization PhilippinesTwo Canada Pension Funds Compete to Acquire India Toll Roads Portfolio
Livemint reports, “Pension funds Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ) are competing to acquire Highway Concessions One, a roads portfolio owned by infrastructure fund manager Global Infrastructure Partners (GIP), two people aware of the development said. ‘The two Canadian funds are the only suitors left in the race. They are locked in a close battle to buy these roads,’” one of the unnamed sources told Livemint.
Canada Canada Pension Plan Investment Board (CPPIB) India Infrastructure Investment TrendsThese are some of the toll industry developments TRN is following.
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