The construction of a new £109.2 million bypass in south Devon has been given final approval by the Department for Transport (DfT).
Contractor Galliford Try will conduct the construction of the Kingskerswell bypass which was initially highlighted in chancellor George Osborne's Autumn Statement as one of 20 developments that were required to boost the UK's infrastructure.
Devon County Council is expected to unveil the winner of the contract in the coming days, according to reports by the Construction Enquirer.
The bypass will help to connect Newton Abbey with Torbay over a three-mile dual carriageway as well as containing a flyover section over at Penn Inn. The move is designed to reduce the amount of congestion in the area and also help to make financial savings for the residents of Kingskerswell and the local authority as logistical operations are eased in the south Devon area.
The DfT has already invested £76 million into the development which aims to not only slash waiting times but also give a timely boost for the area's tourism industry and provide environmental benefits.
Justine Greening, secretary of state for transport, said: "The people of Kingskerswell will no longer have to put up with endless traffic jams, exhaust fumes and trucks thundering through the village and the road will really open up Torbay for tourism, creating jobs while providing a more pleasant drive for locals and visitors alike."
Initial preliminary work is expected to start by the end of May while the main construction work is due to get underway later in the year once all the ground assessment has been completed. The bypass is due to be completed and ready for use by December 2015.
The move follows a decision in Northern Ireland to upgrade the A8 to provide a financial boost to the Port of Larne and freight services in and around the country's capital. The Belfast Telegraph reported that the Confederation of British Industry hailed the move by improving the attractiveness for business in the country as well as increasing Northern Ireland's competitiveness.
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