Work is set to begin on the $86 million Ravenswood Interchange in Victoria following the announcement of the successful tenderer.
The Australian government last week announced that CPB contractors will undertake the upgrade, at the intersection of the Calder Highway and Calder Alternate Highway, with work expected to begin in May.
CPB Contractors will build an elevated circular roadway that will separate slow moving traffic from fast moving traffic on the lower north and south bound carriageways of the freeway.
Victorian Minister for Roads and Road Safety Luke Donnellan said in a statement that under the Victorian Government’s Victorian Industry Participation Policy (VIPP), a minimum of 95 per cent of project work will be drawn from services provided locally.
“This interchange will support both the Bendigo and Castlemaine communities as growing numbers of people commute between the two centres for work, school and family commitments,” he said.
“With freight transport expected to double on our roads by 2025, this upgrade will deliver vital improvements to benefit regional road safety and the local economy for decades to come.”
VicRoads will continue to work with stakeholders and the community to keep them informed as plans progress on the delivery of this project, which is expected to be completed by late 2017.