With new tools for attracting capital investments and bringing
highway projects online, Texas' future is looking brighter.
Most economists and construction-industry prognosticators
are using the word "optimistic" to describe their
outlook for 2005.
Outlook Observations From Construction Professionals.
In the wake of burgeoning growth, Texas needs to build new
highways and to improve and maintain existing ones. But traditional
state and federal funding sources have been unable to keep
pace with the present and future mobility demands of the nation's
largest state highway system.
With a recently approved $21.5 billion plan that will help
reduce urban congestion and provide statewide highway, aviation
and public transportation funding through 2015, the Texas
Department of Transportation's Statewide Mobility Program
is set to guide transportation project development and construction
over the next decade.
Department of Transportation's Top 100 Active Construction
TxDOT reported approximately $4 billion in transportation
construction projects for fiscal year 2004, more than any
other state. On the pages that follow is a chart briefly describing
the top 100 active projects under way around the state.
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