Public-Private Partnership Extension for I-10 Calcasieu River Bridge Widening Project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Louisiana Department of Transportation and Development (DOTD) has announced the deadline for executing the Public-Private Partnership (PPP) for the Interstate 10 widening project in the USA. 

The Calcasieu River Bridge widening Project has the following Benefits:

  • Reduced traffic congestion: The widening project will add two additional lanes to the bridge, significantly increasing capacity and reducing congestion, especially during peak travel times;
  • Improved safety: The wider bridge will provide more space for vehicles, improving sightlines and reducing the risk of accidents;
  • Enhanced economic development: Improved traffic flow will benefit businesses and industries in the region by facilitating the transportation of goods and services; and
  • Increased resilience: The new bridge will be designed to withstand stronger storms and hurricanes, improving long-term reliability. 

The project's duration has been prolonged until February 1, 2024. Encompassing a new Calcasieu River Bridge in Lake Charles and Westlake, the PPP proposal, initially submitted by Calcasieu Bridge Partners on June 6, 2023, was initially slated to conclude on December 3, 2023. The decision to extend the validity period of the proposal allows for additional time to engage in limited negotiations and obtain requisite approvals, ultimately aiming to progress the project. 

List of the country updates

Country updates

  • December 07, 2023

    Partnership for USD450 million Dynamic Personal Micro Transit (DPMT) project in USA

    The Contra Costa Transportation Authority (CCTA) and Tri Delta Transit have partnered with East County Connection Partners, LLC (ECCP) for the deployment of autonomous vehicles (Glydcars)&nb...

    Read more
  • December 07, 2023

    Morgan Stanley Infrastructure Partners Announces Investment in UltraEdge

    Altice France S.A. has entered into an exclusivity agreement to partner with Morgan Stanley Infrastructure Partners (MSIP) to establish an independent distributed colocation provider in France through...

    Read more
  • December 05, 2023

    Management Partner selected for Housing PPP Project at Appalachian State University

    Capstone On-Campus Management (COCM), has announced that it has been selected as the management partner for the upcoming on-campus employee housing project at Appalachian State University (A...

    Read more
  • December 01, 2023

    Chesapeake Utilities Corporation Completes Acquisition of Florida City Gas

    Chesapeake Utilities Corporation announced the completion of the acquisition of Florida City Gas (FCG), which is now a wholly-owned subsidiary of the Company. This deal is anticipated to position Che...

    Read more
  • November 29, 2023

    KKR Acquires Potter Global Technologies

    Gryphon Investors announced that it has completed the sale of its portfolio company Potter Global Technologies to investment funds managed by KKR. Based in St. Louis, Missouri, Potter Global Technolo...

    Read more

Share this update