The money will pay for improvements to roads and bridges along a 70-mile stretch.
The $34 million redevelopment includes plans to rebuild eight of the 10 travel plazas.
Daniels says he thinks private funding could be a key component of the nation's search for infrastructure dollars.
A man accused in the rape of two IU students appears in court today; improvements planned for the Indiana Toll Road. Read more in our morning roundup.
The Australian-based company IFM Investors took over control of the Indiana Toll Road on Thursday.
IFM Investors announced Wednesday it had completed its $5.7 billion acquisition of ITR Concession Company, the road's previous operator.
IFM Investors plans to buy the Indiana Toll Road lease for much more than the current operator, ITR Concession Company, paid in 2006.
Australia-based IFM Investors is expected to enter into a $5.7 billion agreement to operate the 157 mile road for the next 66 years.
A group of northern Indiana counties could create a nonprofit to submit a bid on the Indiana Toll Road lease.
A bankruptcy judge approved an agreement that reaffirms the Indiana Finance Authority's power as the Toll Road operator's Chapter 11 case moves forward.