DALLAS — The North Tarrant Express, a $2 billion toll road project that represents one of the largest public-private partnerships in Texas, begins its financial history clinging to investment-grade ­ratings.

But with congestion in the Dallas-Fort Worth area all but certain to increase, revenue projections indicate growing revenues for the managed lanes of the expressway that will connect Fort Worth to the Dallas-Fort Worth International Airport, analysts for Fitch Ratings said yesterday.

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