The contract has been awarded to Brisbane-based Bielby Hull Albem Joint Venture, which will now start detailed design of the upgrade and will commence works later in the year.
The project is aimed at improving safety and travel time for drivers on the motorway, which is used by approximately 85,000 motorists daily, including up to 12,000 trucks.
Federal Minister for Urban Infrastructure Paul Fletcher said the project will upgrade the Ipswich Motorway from four to six lanes along a three kilometre stretch between Rocklea and Oxley.
“The commercial vehicles and local commuters who travel this road on a daily basis will experience improved travel times and motorway capacity into the industrial heart of Brisbane,” he said.
The upgrade will also focus on improving the motorway’s flood immunity, with work including the construction of higher bridges over the Oxley Creek area.
Senator George Brandis said the project would reduce bottlenecks improving national and local freight movements.
“The eastern end of the Ipswich Motorway will be upgraded between Rocklea and Darra in a staged approach, addressing congestion and delivering value for money,” he said.
The Ipswich Motorway Upgrade is a jointly funded project with the Australian Government and the Queensland Government each committing $200 million.
Construction is expected to be completed in 2020, weather permitting.