CHICAGO toll roads are privatized, and the tolls keep going up and up.
If you read the whole article, while it is newsweek, it really doesn’t sound like it worked in Indiana. One project stalled because the investor was from SPAIN. So will the chinese be able to own our roads? Oh good! As for tolls going up, the Pennsylvania Turnpike is ridiculous. I wonder if the funds from that are used for immigrants.
With the exception of the Chicago Skyway, which is a PPP, all toll roads in Chicagoland are fully public, owned by the Illinois Tollway Authority. The Authority nearly doubled toll rates a few years ago to fund a $9B, 12-year construction initiative for things such as widening and rebuilding I-90, tolling and extending Illinois 390, building the new I-490 around O’Hare’s western side, etc. So, with that jump in tolls, it may SEEM like the tollways are privately owned.