The Virginia Department of Transportation announced last week that it’s shelving discussions that would invite private investment into part of its highway system.

“I have directed VDOT to terminate all activities related to the [Public Private Transportation Act] procurement of improvements along the I-81 corridor,” said VDOT commissioner David Ekern in a statement.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.