Missouri Department of Transportation Director Kevin Keith told a panel of lawmakers Tuesday that changes to the interstate, such as widening it to six lanes, could create construction jobs and make the state more economically competitive. Keith said such improvements could cost as much as $4 billion.
Private companies would finance the project up front and collect tolls on I-70 between Kansas City and St. Louis.
Missouri's transportation director says the state is nearing a crisis in highway funding and may have to turn away federal dollars unless it comes up with more of its own money for roads.
Department Director Kevin Keith told The Associated Press on Monday the agency now believes it must make about $300 million in cost cuts to free up enough state money to match federal highway dollars over the next five years. The department last year had set a goal of $200 million of savings.