Texas announces record-breaking $100bn road improvement plan
28 February 2023
The Texas Department of Transport (TxDOT) last week announced a 10-year, $100bn road building plan.
The investment, a state record, is $15bn more than the 2023 Unified Transportation Programme and is based on tax revenues derived from the oil and gas industry.
The money will be spent on improved safety, rural and urban connectivity and reducing congestion through the Texas Clear Lanes initiative, as well as border infrastructure and maintenance.
The programme was announced by Texas governor Greg Abbot. He said: “Under TxDOT’s 2024 Unified Transportation Programme, we will dedicate critical funds to bolster our major roadway infrastructure to address the unique needs of Texans in rural, urban, and metropolitan communities.
“This 10-year plan will further boost our economy and keep Texas the economic juggernaut of the nation. Together, we are working to ensure that Texas remains the premier destination for people and businesses.”
According to TxDOT, about $17bn will be spent next year, a $3bn increase on 2023.
Spending on Clear Lanes projects will increase $1bn over the next 10 years, urban and rural connectivity will increase by $3.4bn, and funding for a two-year border projects programme will increase from $60m to $120m.
TxDOT currently has more 7,000 schemes worth more than $33bn under way or scheduled to break ground this year. The state has the largest road network in the US.
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