The Trans Texas Corridor is the start of the much speculated NAFTA Superhighway system in the U.S. Private contracts were to be awarded to a partnership between the Spanish Goliath - Cintra, one of the largest private developers of transport infrastructure in the world, and Zachry Construction Company of San Antonio. It is to be a toll road with most toll proceeds leaving the country to pay back Cintra for financing and development.
www.star-telegram.com
(visit the link for the full news article)
edit to add: Yes, it must pass the House still. It is a very heated battle between the citizens of Texas and the Texas Government.
The 22-9 vote Monday put Fort Worth, Arlington and other Tarrant County cities closer to a long-sought goal of financing billions of dollars in road and rail projects. But supporters face more challenges as the legislation moves into the hands of a House-Senate conference committee with seven days left in the 2009 session.
[edit on 5/26/2009 by semperfortis]
[edit on 26-5-2009 by timewalker]

