Energy companies praised for $87M in road funds for SENM

Traffic travels on United States Highway 285 through Artesia on April 21, 2020. The Permian Strategic Partnership praised the State of New Mexico for setting aside millions of dollars for multiple road projects in Eddy County.

New Mexico government leaders received praise from a coalition of energy companies for millions of dollars in road improvements in Southeast New Mexico.

Gov. Michelle Lujan Grisham signed the $7.4 billion fiscal year 2022 New Mexico State budget April 9.

The budget approved during the 2021 New Mexico Legislature set aside $300 million for roadway infrastructure and improvements.

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Lawmakers agreed to fund nearly $87 million in road projects across Southeast New Mexico, said Tracee Bentley, chief executive officer of the Permian Strategic Partnership (PSP).

“The approved budget and legislation will have an enormous impact on road safety advancements in southeastern New Mexico,” Bentley said.

“The projects supported through this funding will allow for direct action to improve priority roads projects in local communities, as well as help expedite work already underway on state roadways.”

Tracee Bentley

A PSP press release indicated $25 million was set aside for the New Mexico Department of Transportation’s (DOT) District 2 office in Roswell for road projects in southeast New Mexico.

Lawmakers provided around $40 million for District 2 road projects through approved state bonding.

The Southeast Loop Road in Eddy County received $1.5 million for phase two construction and legislators set aside $20 million for District 2 from the Local Transportation Project Fund to support priority road projects in various communities.