TCL’s 395 Express Lanes project approved

Company News

by Jessica Amir

Transurban Group (ASX:TCL) has announced its US$460 million 395 Express Lanes project has been approved by the Virginia Department of Transport.

The project involves an extension to the 95 Express Lanes for 13 kilometers, going north to the Washington D.C border.

Two existing lanes will be converted to three Express lanes and provide commuters with direct access to the Pentagon and Washington D.C.

Early construction is set to begin in March.

The 395 Express Lanes will also generate funding for the government to support additional transport improvements for the Northern Virginia region.
 

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