Public-private partnership may build Virginia infrastructure

10/26/2009 | Virginian-Pilot (Norfolk), The

The Virginia Department of Transportation is negotiating with an Australian investment bank to secure financing for infrastructure projects worth $1.5 billion. If negotiations are successful, Macquarie Group will finance, build and operate a tunnel-and-freeway project. The sides hope to reach an interim agreement by next month.

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Virginian-Pilot (Norfolk), The

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