Ferrovial and its DriveTN consortium have reached commercial close with the Tennessee Department of Transportation to finance, design, build, operate, and maintain the I-24 Southeast Choice Lanes in Nashville under a 50-year concession. This project, Tennessee's largest single capital investment and first public-private partnership, will add new lanes along a 26-mile stretch between Nashville and Murfreesboro to improve traffic flow and travel reliability. The initiative aims to boost economic growth, create jobs, and support local communities in a rapidly growing region. The lanes are expected to enhance mobility during peak times and provide lasting value to the region's infrastructure and economy.
Ferrovial's I-24 Southeast Choice Lanes project marks Tennessee's largest single capital investment with a 50-year concession agreement. For readers following the Industrials sector, here is Pluang's market snapshot as of Oct 01, 2026 03:33 WIB: out of 93 priced US Industrials stocks, 24 rose and 69 fell. Notable movers include SMX Security Matters plc (USD 6.75, -7.53%, 14% Sell / 86% Buy), Enovix Corporation (USD 2.91, +5.82%, 1% Sell / 99% Buy), and TORM plc (USD 38.09, +5.37%, 12% Sell / 88% Buy).
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