Ferrovial started construction in August on the $825 million I-95 Improvements project between South Carolina and Georgia, according to a news release. The interstate highway widening effort is South Carolina DOT’s largest contract to date, with a construction cost of $728.8 million.
The goal is to improve traffic congestion and accommodate expected growth, as well as updating interchanges and bridges to fit modern standards, according to the project website. This includes constructing a new bridge over the Savannah River.
“I-95 at the Georgia border has long been a choke point for traffic heading between New York and Miami,” South Carolina Secretary of Transportation Justin Powell said in a June 2 news release, where he noted the work aims to fix the drive “for residents and visitors alike.”
The project area encompasses the 10-mile corridor of I-95 from one mile into Georgia at the Savannah River to just north of US 278. Currently, the corridor ranks among the worst of the rural interstates in freight mobility, per the project website.
Funding for the work comes through South Carolina DOT's Federal Interstate funds, State Rural Interstate funds and the Georgia DOT, according to the project website.
The award builds on Amsterdam-based Ferrovial’s existing work in South Carolina. In 2023 the company led concrete rehabilitation of the South Carolina Greenville Spartanburg Airport District through its Woodlands, Texas-headquartered subsidiary Webber.
The anticipated completion date for the I-95 project is 2030.
