Finance Minister Sammy Wilson has this morning announced £330 million worth of investment for the upgrade of two sections of the A5.
Sections between Omagh and Ballygawley (around 22km), along with Derry and Strabane (approximately 15km) are set to benefit.
DRD Minister Danny Kennedy said the work on both sections could begin in either September or October, subject to the outcome of last year’s public inquiry.
“This investment will provide a significant boost to the local economy and help to encourage inward investment,” he said.
“It will provide job security for many and create, much needed, jobs in the construction industry, across environmental and engineering consultancies, suppliers, contractors, infrastructure specialists and others.”
The Irish Government are set to invest £50 million over 2015 and 2016 towards both the A5 and the A8 Larne to Belfast dual carriageway after it confirmed last year that it could no longer provide the £400 million it originally pledged for the project.
Finance Minister Sammy Wilson has also announced that Omagh’s new enhanced hospital is set to benefit from £60 million of funding, alongside the Ulster Hospital in Dundonald.
In total £580 million will be spent on capital projects right across the North, providing “significant economic benefits for Northern Ireland”, according to Mr Wilson, including the creation of 2,500 jobs.