Texas Gov. Greg Abbott's Office on Thursday announced a record $142 billion investment in Texas' transportation infrastructure. The budget includes the unanimous adoption of the state's $100 billion, 10-year statewide roadway construction plan with the Texas Department of Transportation (TxDOT) for transportation projects to enhance safety, improve traffic and connectivity, and preserve Texas roadways.
Announcing a record $142 BILLION in total investment for Texas’ transportation infrastructure. @TxDOT
Thanks to our booming economy, Texas is improving our roadways to meet the growing needs of our state.
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— Gov. Greg Abbott (@GovAbbott) August 17, 2023
"Thanks to our booming economy, Texas has achieved a major milestone in our transportation infrastructure with this record $142 billion investment that will strengthen our roadways and build a next-generation transportation network," said Governor Abbott.
"Through this record transportation investment project, the State of Texas will further improve roadway congestion and safety to meet the growing needs of Texans in our large metros, rural communities, and everywhere in between. This plan will not only connect Texans from every corner of our state, it will also bolster our economic growth and ensure Texans and businesses continue to thrive for generations to come," said Abbott.
"In February, Governor Abbott announced TxDOT’s proposed 2024 Unified Transportation Program (UTP), estimated to be $15 billion more than the 2023 UTP. With the State of Texas providing a majority of the funding, the 2024 UTP includes a total investment of over $142 billion for all development and delivery projects, right of way acquisition, engineering, routine maintenance contracts, and UTP construction funding," Greg Abbott's office said.
