West Corridor Constructor has reached financial close on Canada’s Highway 401 Expansion project in the Greater Toronto Area (GTA).

Members of the West Corridor Constructors team include Aecon, Parsons, Amico, Hatch, EXP, and National Bank Financial.

The Ministry of Transportation Ontario (MTO) in Canada and Infrastructure Ontario (IO) selected West Corridor Constructors as the preferred party to design, build and finance the highway project. The consortium was awarded a $639.8m contract.

Highway 401 Expansion project is 18km long. It is located in the western part of the GTA, from the Credit River in Mississauga to Regional Road 25 in Milton.

Overall, the contract includes construction of two ten-lane segments, two 12-lane core collector systems and median high-occupancy vehicle (HOV) lanes.

“This significant project will ultimately reduce traffic congestion and improve quality of life for commuters along the GTA corridor.”

In addition, the contractor will be responsible for bridge reconstruction and replacement, structural culvert replacements, drainage and utilities work, as well as ecological restoration.

Aecon Group president and CEO Jean-Louis Servranckx said: “As a leader in civil construction and alternative financing, Aecon has played a critical role in the development of the province’s transportation infrastructure. Sorry, there are no polls available at the moment.

“Along with our partners, Parsons and Amico, we are pleased to work with Infrastructure Ontario and the Ministry of Transportation to deliver this significant project which will ultimately reduce traffic congestion and improve quality of life for commuters along the GTA corridor.”

Construction work is scheduled to start in the fourth quarter of this year and is expected to complete by the fourth quarter of 2022.