Ferrovial awarded contract worth USD 282 million to widen a highway in North Carolina

Press releases

  • The North Carolina Department of Transportation selected its subsidiary Webber to undertake the project 
  • It will expand the road to eight lanes 
  • This is Webber’s second project in the state 

Ferrovial, through Webber, its US construction subsidiary, has been awarded a contract to widen an 8 miles section of the I-95 in North Carolina. The company was picked by the North Carolina Department of Transportation to undertake the USD 282.9 million project (equivalent to approximately €278 million). 

The work will include expanding road capacity to eight lanes, from the current four, replacing bridges and overpasses, and upgrading drains. The project, which is scheduled for completion in late 2026, will improve road safety, reduce congestion and provide more reliable transit times. 

This is Webber’s second contract in the state, in addition to the activities of other divisions of the company. The subsidiary is currently working on 52 civil engineering projects in Texas, Georgia, Virginia and North Carolina. It was recently awarded a contract worth €332 million to widen four highways in Texas, and a contract to build an approximately 5-kilometer section of I-74 for USD 262 million (about €230 million).

NEWSLETTER AND ALERTS

Configure newsletters and alerts.

Check your email address.

Newsletters and alerts

Thank you for subscribing!

We have just sent you an email to confirm your subscription.

DOWNLOAD OUR APP

The Ferrovial app provides instant access to all of the latest at Ferrovial; informative content, job offers and basic information for investors.