On Monday, Texas Gov. Greg Abbott announced his state would invest a record $148 billion into transportation infrastructure.
The investment includes more than $104 billion for the 10-year transportation plan adopted by the Texas Department of Transportation to improve safety, address congestion and connectivity and preserve roadways for drivers. The plan also includes more than $43 billion for development and routine maintenance, a $5.6 billion increase in total investment over last year’s.
“Strengthening our roadways and transportation infrastructure is critical for Texas to remain the Best State for Business in the nation,” Abbott said. “With the adoption of this record-breaking $148 billion transportation investment, Texas will continue to meet the needs of Texans in rural, urban, and suburban communities while also improving roadway congestion and safety. People come to Texas because we provide the freedom and opportunity they can’t find anywhere else, and that’s why we’re investing in the future of Texas roads. Projects like this will ensure our products and people can move quickly to keep the Texas economy booming.”
Projects receiving funding include some segments of road identified on the state’s 100 Most Congested Roadways list. Texas Clear Lanes congestion-relief will have a total of $75.8 billion invested since 2015, for completed, under-construction and planned non-tolled projects. The total funding also includes an estimated $17.3 billion investment in safety and an additional $1.7 billion in funding for rural corridors and key roadways in economic hubs.
“With a booming population and economy, TxDOT is meeting the moment with a record investment in our state roadway system to ensure Texas remains the preferred destination for families and businesses,” Texas Transportation Commission Chairman J. Bruce Bugg, Jr. said.