Monthly Archives: December 2015

$50 Million Loan from VTIB Approved for Parallel Thimble Shoal Tunnel Project

$50 Million Loan from the Virginia Transportation Infrastructure Bank Approved for Parallel Thimble Shoal Tunnel Project
CAPE CHARLES, VA –  On December 9, the Commonwealth Transportation Board approved a $50 million loan from the Virginia Transportation Infrastructure Bank (“VTIB”) for the Chesapeake Bay Bridge-Tunnel’s (“CBBT”) Parallel Thimble Shoal Tunnel Project (the “Project”).
The construction of an additional …
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