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CONWAY, S.C. (WBTW) — A new road improvement and development effort in Horry County, also known as RIDE IV, held its first public information meeting Tuesday. The RIDE IV sales tax commission is currently operating on funds through a transportation tax. This tax, also known as “penny tax,” is 1% local sales and use tax […]
The Ministry of Road Transport and Highways (MoRTH) will come out with a modified build-operate-transfer (BOT) project document in the next one month to attract private companies for investments in the highways sector, the statement said.
On Tuesday's show: We have the very latest on the freezing temperatures from Space City Weather. And we look ahead to what transportation projects are likely to affect Houston roads and highways in 2024.
"The transaction is one of the largest acquisitions in the highways sector. Annuity nature of cashflows from the Target Portfolio would provide further stability to our existing portfolio. This investment is in line with our thesis of acquiring assets with long balance concession life generating predictable distributions for our unitholders," said Gaurav Chandna, head - strategic finance at Highway Concessions One.
From criminal law changes to development project funding, the city has a long 'wish list' list for 2024.