A consortium of Amey, Lagan and Ferrovial has signed a £250M contract with the Northern Ireland Department for Regional Development Roads Services to build and upgrade a series of roads in the area.
The DBFO (Design Build Finance Operate) contract will be delivered by a new company, Amey Lagan Roads Limited.
The deal is part of Northern Ireland's £18bn PPP investment strategy, 'Building a Better Future'.
This contract will last 30 years, and the consortium will upgrade the A1; build a new dual carriageway on the A4 between Dungannon and Ballygawley, and operate and maintain the entire 125km length of that road for the life of the contract.
Gerry Cawley, project director for Amey Lagan Roads and managing director of Lagan Projects Ltd said: "This is a very prestigious project which will have a significant impact on the infrastructure of Northern Ireland. Amey Lagan Roads is very pleased to be involved in the delivery of this project."
A Joint Venture between Ferrovial Agroman Ireland and Lagan Construction will act as contractors. Amey will be responsible for Operations and Maintenance work, which will commence in the New Year. The first package which includes the M1 / Westlink scheme was awarded in February this year.