The project will complete the network between Glasgow and Edinburgh by upgrading the A8 Baillieston to Newhouse. It also includes work to improve the Raith Interchange and widening key sections of the M8, M73 and M74. When completed the new section of road will shave up to 18 minutes off journeys at peak times.
This is the first roads infrastructure scheme to be procured as part of the Scottish government’s £2.5bn non-profit distributing model (NPD), which helps to deliver economies of scale and efficiencies.
Transport minister Keith Brown said: “This project will boost the nation’s economy by improving connections for business across Scotland and will directly support the hard-pressed construction industry. The M74 Completion generated 900 construction jobs and we expect this project to be on a similar scale. There will also be opportunities for on the job training for apprentices and local employment.” SRP already has a strong presence in Scotland, employing over 1,500 people there.
Work on the site is expected to begin late this year and the project is currently on track to be completed by spring 2017.