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Virginia & Transurban Agree to Invest Over $1 Billion

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Governor Ralph Northam recently announced that the Commonwealth of Virginia has signed agreements with private partner Transurban to deliver critical transportation solutions along Interstate 495 and Interstate 95. Months of close collaboration and negotiation between the Commonwealth and Transurban have resulted in a deal for four transportation infrastructure projects that will create significant value for citizens and businesses throughout Northern Virginia and Fredericksburg.

"My administration is committed to creating opportunity for Virginia families and businesses in every corner of the Commonwealth, and that requires having a safe, reliable transportation network,” said Governor Northam. "I am pleased to announce these four projects that will bring significant improvements to I-495 and I-95, easing congestion, enhancing safety, and driving economic growth.”

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