Spain’s OHL Gets Record $1.2 Billion Contract for US Highway Project

By La Cámara on March 1, 2017 in NEWS
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Spanish construction giant OHL said on Wednesday it won its biggest contract ever in the United States, a $1.28 billion deal for a highway project in California.

The Orange County Transportation Authority awarded the contract to a consortium in which OHL USA, Inc. holds a 60 percent interest and Italy’s Astaldi has a 40 percent stake.

OHL and Astaldi will design and build the Interstate 405 Improvement Project from State Route 73 to Interstate 605 in the sprawling Southern California county, located south of Los Angeles.

“When completed, the project will improve travel along the corridor, one of the most congested freeways in California,” OHL said.

OHL and Astaldi are building a stretch of highway that runs more than 25 kilometers (15.5 miles).

“Currently, I-405 carries more than 300,000 vehicles each day and by 2040 traffic volumes are expected to rise significantly. This project will increase freeway capacity, improve traffic and interchange operations, and enhance road safety to meet the latest state and federal standards,” OHL said.

The Spanish construction giant is developing 13 projects in California, including the Fairway Drive Grade Separation, Machado Lake Ecosystem and Owens Lake Dust Mitigation.

OHL has a presence in nine states in the US, where it has operated since 2006.

The company is undertaking projects in Florida, New York, Texas, California, Illinois, Connecticut, Virginia and Massachusetts.

Among the projects being developed by OHL is the restoration of the George Washington Bridge, which links New York and New Jersey.

Source: laht.com

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