I-4 Ultimate Project, US
The I-4 Ultimate Project is a public-private partnership (PPP) highway project – owned by the Florida Department of Transportation (FDOT) and led by the I-4 Mobility Partners (comprising John Laing and Skanska Infrastructure Development). The I-4 project plays a significant role in enhancing both safety and mobility for I-4 users, and reduces travel times in the heart of Florida.
21 miles of highway
50% John Laing ownership interest
Construction began in 2015 and completed in 2022.
John Laing has a 50 per cent shareholding in the project, making it joint equity investor and manager. The I-4 Ultimate Project reduces congestion and provides additional capacity along a busy 21-mile section of Interstate 4 that also serves as a major tourist route across central Florida. The project consists of the design, build, finance, maintenance and operation of the new section of Interstate 4 over a 40-year concession. Construction commenced in 2015 and reached completion in 2022.