Webuild wins Highway Contract in Florida
Webuild wins $223 mln (€212 mln) highway contract in Florida (credits: Webuild)
- Contract to improve safety, operational efficiency on I-275/I-4 highway interchange in Tampa, Florida
- Contract highlights importance of North America as core market, representing 21% of Group’s 2021 consolidated revenues
Webuild, through its U.S. subsidiary Lane, has won a $223-million (€212 million) design-and-build contract to improve the safety and operational efficiency of the I-275/I-4 highway interchange used by 200,000 vehicles a day at the heart of Tampa, reinforcing Florida as a major market. It also emphasises the importance of North America as a core market for Webuild, responsible for 21% of the Group’s consolidated revenues in 2021 amid promises of further growth as the U.S. government rolls out major investment plans for the infrastructure sector.
Commissioned by the Florida Department of Transportation, the contract, 100% owned by Lane, will improve the interchange’s role in helping the I-275/I-4 act as a main hurricane evacuation route for the greater Tampa Bay area. It includes widening, changing and realigning ramps; updating signage; and erecting noise barriers. Construction is scheduled to begin in 2023.
Lane is already working on an adjacent contract to enhance safety and traffic operations, among other works, along the I-275 Corridor. Both projects will provide greater safety and mobility for people and goods throughout the Tampa Bay area and the entire U.S. state.
The latest contract is the second to be won by Lane in Florida this year. In May, it was chosen to help upgrade an air force base in Panama City to make it more resilient to heavy storms after it was severely damaged by Hurricane Michael in 2018.
A leader in roads and highways in the United States, Lane’s projects in Florida include Wekiva Parkway in Seminole County; Poinciana Parkway in Osceola County; and Suncoast Parkway in Hernando and Citrus counties.
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